Insider trading
Insider trading occurs where businesses have misused information whilst investment trading. It is a form of ‘market abuse’ that the Financial Conduct Authority (FCA) take very seriously. Their wide range of powers allows for their intervention to take action against anyone who is suspected of insider trading or whose conduct is believed to have fallen below the acceptable standards.
Insider trading is the buying or selling of a security by someone who has access to material nonpublic information about the security. It can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still nonpublic; trading while having special knowledge is unfair to other investors who don’t have access to such knowledge.
Allegations of insider trading can cause serious reputational damage with prosecutions leading to heavy fines and/or lengthy custodial sentences.
If you have been accused of this, contact one of our specialist solicitors on 01642 247 656 to see how they can assist you.
We are here to help
These type of cases can last a significant amount of time, so if you have been accused or charged with pension fraud you will need dedicated and specialist solicitors like ourselves to assist in your defence and help to maintain your liberty.
Call us for a confidential consultation with a specialist solicitor today on 01642 247656 or on our 24/7 Emergency Helpline 01642 917175
