Katten Muchin Rosenman LLP | United Kingdom | 14 Jan 2011
On January 10, the UK Financial Services Authority (FSA) announced a guilty plea by three people accused of insider dealing.
Katten Muchin Rosenman LLP | United Kingdom | 17 Dec 2010
On December 14, the UK Financial Services Authority (FSA) published two final notices imposing fines and prohibition orders on two former employees of Pacific Continental Securities (UK) Limited (PCS).
Katten Muchin Rosenman LLP | United Kingdom | 23 Jul 2010
On July 19, the UK Financial Services Authority (FSA) announced that it had fined Jeremy Burley £144,200 (approx. US$219,700) and his father, Jeffery Burley, £35,000 (approx. US$53,300) for market abuse in relation to the shares of Tower Resources plc (Tower), an oil and gas exploration company, in June 2009.
Katten Muchin Rosenman LLP | United Kingdom | 4 Jun 2010
On June 2, the UK Financial Services Authority (FSA) announced that, after a jury trial at Southwark Crown Court, not guilty verdicts had been entered against a finance director and two lawyers (present or past partners in City of London firms).
Katten Muchin Rosenman LLP | United Kingdom | 28 May 2010
On May 25, the UK Financial Services Authority (FSA) announced that it had prohibited John White, a former employee of Seymour Pierce Limited, from working in financial services for committing fraud.
Katten Muchin Rosenman LLP | United Kingdom | 28 May 2010
On May 20, the UK Financial Services Authority (FSA) announced that it had fined Simon Eagle £2.8 million (approximately $4 million) and prohibited him from working in financial services as a result of the deliberate market abuse scheme he had carried out in 2003-2004.
Katten Muchin Rosenman LLP | United Kingdom | 9 Apr 2010
On April 8, the UK Financial Services Authority (FSA) announced that it had fined three firms (a bank, a market maker trading on electronic markets and an agency broker) a total of £4.2 million (approximately $6.4 million) for multiple breaches that resulted in failures to provide transaction reports promptly and correctly to the FSA.
Katten Muchin Rosenman LLP | United Kingdom | 9 Apr 2010
The UK Financial Services Authority (FSA) has continued to use its criminal prosecution powers against insider dealing.
Katten Muchin Rosenman LLP | USA | 19 Mar 2010
On March 16, the UK Financial Services Authority (FSA) announced that it had imposed a five-year prohibition order on Alexis Stenfors, a former trader with the London branch of Merrill Lynch International Bank Limited (MLIB) banning him from performing any function in relation to any regulated activity on the grounds that he is not a fit and proper person.
Katten Muchin Rosenman LLP | United Kingdom | 12 Mar 2010
On March 11, Malcolm Calvert was sentenced to 21 months in prison, having been found guilty on five counts of insider dealing the previous day.