FSA charges five in Blue Index case
Five people, including two former directors and one former trader at the derivatives brokerage Blue Index, have been charged with insider dealing by the Financial Services Authority, the market watchdog.
Blue Index's co-owners James Paul Sanders and James Swallow, and senior trader Christopher Hossain were among those charged with offences alleged to have taken place between October 2006 and February 2008.
Mr Sanders's wife, Miranda Sanders, and a former Blue Index employee Adam Buck were also charged. The five suspects, who were arrested in May last year, have been bailed to appear at the City of Westminster Magistrates Court next month.
The group faces 17 counts of insider dealing in what is the latest in a series of FSA crackdowns. The watchdog is in the process of prosecuting 11 other people for insider dealing.
Stand by for another DECADE of wet summers, say Met Office meteorologists
'Jail reckless bankers': Report urges the Government to introduce new criminal offence for reckless management
Feat of engineering: Incredible photographs show construction beneath New York's Second Avenue
World news in pictures
Google challenges US surveillance gagging order
- 1 Disability campaigners celebrate 'victory' after government rethink over plans to make it more difficult to claim disability benefits
- 2 'Jail reckless bankers': Report urges the Government to introduce new criminal offence for reckless management
- 3 Breaking the Silence: In the reality of occupation, there are no Palestinian civilians – only potential terrorists
- 4 We never knew Nigella Lawson - and we still don’t
- 5 Vice pulls 'breathtakingly tasteless' fashion shoot glorifying the suicides of famous female authors from Sylvia Plath to Virginia Woolf
iJobs Money & Business
£600 - £750 per day: Orgtel: FATCA Project Manager - Banking - London - £600-...
£550 - £600 per day: Orgtel: Fidessa Analyst / PM - Banking - London - Up to £...
£55000 - £60000 per annum + Benefits + Pension: Orgtel: Quantitative Analyst, ...
£150 - £250 per day: Orgtel: KYC Analyst - London - Banking - £150-250/day C...