UK FSA plays good cop, bad cop on insider trading
Financial firms are at the frontline of the regulatory battle now being waged by the UK’s enforcement agencies against insider trading. The campaign indicates an increased strictness against the offence, as the agency unsuccessfully attempted to fight off government demands for its closure. Sources in the FSA have expressed concern about their ability to maintain their pressure against insider trading and market abuse once the UK government’s recently announced changes are implemented. The FSA
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