FSA insider dealing investigation yields three arrests

clock

The Financial Services Authority (FSA) has arested three individuals as part of an investigation into insider dealing.

Two men, aged 43 and 42, and a 35-year-old woman were arrested this morning with the assistance of Cheshire and Lancashire Constabularies and are currently in custody waiting to be questioned. Three search warrants were also executed at premises in Northwich and Rossendale. The FSA said the arrests were not linked to any other ongoing insider dealing investigations. A total of 11 convictions have already been secured by the FSA in relation to insider dealing, while it is also prosecuting 16 other individuals. Insider dealing is a criminal offence that is punishable by a fine or u...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Most funds set to see reporting reduction under latest FCA proposals

Most funds set to see reporting reduction under latest FCA proposals

FRAME structure

Michael Nelson
clock 14 July 2026 • 3 min read
FCA consults on simplifying consumer investment disclosures

FCA consults on simplifying consumer investment disclosures

Aligning MiFID and CCI

Michael Nelson
clock 02 July 2026 • 3 min read
Oberon Investments agrees to FCA restrictions on wealth management arm

Oberon Investments agrees to FCA restrictions on wealth management arm

Onboarding subject to permission amid systems and controls review

Jen Frost
clock 14 April 2026 • 1 min read