Three arrested in FSA insider dealing investigation

The Financial Services Authority (FSA), with the assistance of Cheshire and Lancashire Constabularies, has this morning executed three search warrants at premises in Northwich and Rossendale. Three individuals, two men aged 43 and 42 and a woman aged 35 have been arrested and are currently in custody to be questioned in connection with an investigation in to insider dealing.

No further details can be confirmed at this time and no individuals have been charged. The arrests are not linked to any other ongoing insider dealing investigation.

Insider dealing is a criminal offence that is punishable by a fine or up to 7 years imprisonment.

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