Keydata's Ford wins High Court case against FSA
Stewart Ford, the founder of Keydata, today won a landmark High Court judgment against the FSA when the judicial review he brought against the regulator concluded the FSA acted unlawfully in its use of legally privileged material in its enforcement investigation.
The FSA has previously been censured by a judicial review only with respect to action it took at the request of the US Securities and Exchange Commission (SEC). This is the first time an FSA own-initiated...
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