Financial Regulator aims to combat insider trading

The Financial Regulator is to force stockbroking firms to provide it with detailed reports on share trading from next year, as part of a new initiative to identify insider trading and other forms of market abuse.

24th November, 2007

The Financial Regulator is to force stockbroking firms to provide it with detailed reports on share trading from next year, as part of a new initiative to identify insider trading and other forms of market abuse.

The regulator said last week that the new reporting system would be in place within 12 months, and would provide it with information necessary to police trading more effectively.

The new system will supersede the current regime for monitoring suspicious...

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