Wheatley told reporters during a review of the SFC’s work in 2005 that the regulator had made 19 prosecutions for market manipulation in the nine months to end-December, against 16 cases for the 12 months to end-March 2005.
In addition, the SFC has continued to take action against insider dealing and the mis-selling of investment products. “There is a continuing trend of encountering cases in which investment advisers sell unsuitable products to clients. Several will conclude this year. We a