The trader suspended from GLG amid an FSA insider dealing probe worked on co-founder Pierre Lagrange's European long/short fund, Investment Week can reveal.
A Supreme Court victory for the Financial Services Authority (FSA) could result in the regulator becoming more litigious, according to law firm Taylor Wessing.
The FSA has warned advisers to check mismatches in investment risk when outsourcing to discretionary fund managers.
Three men have been arrested as part of the Financial Services Authority's (FSA's) and Metropolitan Police's ongoing fight against insider dealing and market abuse.
Investec Bank and Morgan Stanley have both modified the terms and conditions of their structured products after the Financial Services Authority (FSA) found terms in both were potentially ‘unfair' to clients.
The Bank of England has revealed it is in talks with the People's Bank of China over a currency swap deal that could help ensure greater financial stability.
The Financial Services Authority (FSA) has confirmed that claims at the Financial Services Compensation Scheme (FSCS) relating to failed stockbroker Direct Sharedeal - which could total £13m - will be paid for by investment advisers.
A man and woman from Enfield who ran a financial advice firm have each been jailed for two years for fraudulently trying to claim almost £145,000 in Gift Aid.
London Capital Group, an online trading platform, has paid out £1.2m to investors who invested via the failed Integrity product over losses linked to commission rebating of the fund in the first half of 2009.
Andrew Bailey has been named as the chief executive of the Prudential Regulation Authority (PRA), as well as being appointed to the new role of deputy governor for prudential regulation at the Bank of England.