Financial Services Authority charges ex-hedge fund trader
28th April 2010The Financial Services Authority (FSA) today charged Anjam Ahmad, an ex-hedge fund trader, with one count of conspiracy to commit insider dealing contrary to Section 1 of the Criminal Law Act 1977.
The offence relates to trading in 22 different shares between June and August 2009. He has been bailed to attend City of Westminster Magistrates' Court on 7 May 2010.
These charges follow the searches and arrest of three men on 28 January 2010. The charges are unconnected with other searches, including the recent searches on Tuesday 23 March 2010.
