Reuters – An ex-hedge fund trader, Anjam Ahmad, has been charged with one count of conspiracy to commit insider dealing as part of the latest crackdown on market abuse by Britain’s Financial Services Authority (FSA).
The FSA, which arrested Ahmad along with two other men on Jan. 28, said in a brief statement the offence related to allegations of trading in 22 different shares between June and August 2009 while in possession of secret price-sensitive information.
