FSA bans and fines hedge fund chief £3m – Regulator hands out largest fine for an individual in a non market abuse case. – The Financial Services Authority (FSA) has today (29 May) fined Alberto Micalizzi £3m and banned him from performing any role in regulated financial services. At the relevant time, Micalizzi was the […]

FSA: Three guilty of insider dealing – Three defendants, including a husband and wife pair, will be sentenced 19 June 2012. Three people have pleaded guilty to insider trading in a prosecution brought by the Financial Services Authority. James Sanders a director of Blue Index, a specialist contract for difference brokerage, had previously pleaded guilty […]

Hedge Funds, Wall Crossing And Pre-Marketing: Has The FSA Raised The Insider Dealing Bar? – Does the Einhorn case indicate a change in approach by the UK’s Financial Services Authority (FSA) or is it a case of the FSA simply raising the burden of proof? Unravelling the facts of the case and analysing it against […]