Two arrested in FSA insider dealing case

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Police and the FSA have arrested a senior corporate finance adviser and another person as part of an insider dealing investigation.

Regulators investigated the pair with the help of the City of London Police and search warrants were executed at a number of Greater London addresses. A total of 25 FSA staff and 11 City of London Police were involved in the work, which forms part of ongoing investigations into market abuse. The FSA says it cannot disclose any further details on the case at this time. [email protected] IFAonline

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