FSA arrests East London man over insider dealing

A 39-year-old man was arrested for questioning under caution in the search operation by investigators from the FSA enforcement and financial crime division and officers from the City of London Police. The FSA has so far secured a number of sentences of imprisonment in relation to insider dealing, In March this year, former equities marketmaker at stock broker Cazenove, Malcolm Calvert, was sentenced to 21 months in prison for insider dealing. He was found guilty of five counts of insider dealing after making £103,883 profit. In November 2009, Matthew Uberoi and his father Nee...