Category Archives: Insider dealing and market abuse

Peter Binning comments on former Schroders trader sentence in The Times

A former City fund manager cried yesterday as he was sentenced to two years in prison for insider trading in nine companies over nearly a decade. Damian Clarke, 40, made more than £150,000 between 2003 and 2013 by using his job as an assistant fund manager at Schroders Investment Management to trade on inside knowledge […]

New offences proposed for the market abuse of the wholesale gas and electricity markets

Last week the Government launched a consultation into proposed new criminal offences for insider dealing in and the manipulation of the wholesale gas and electricity energy markets in the UK. These new offences would make it a criminal offence to fix the price of energy at an artificial level or use inside information to acquire […]