FSA ramps up approach to suspected market abuse

The U.K. Financial Services Authority took a more aggressive approach to share-price manipulation, freezing assets of several trading firms. "These companies engaged in repeated cross-platform market manipulation, which the FSA will not tolerate," said Tracey McDermott, acting director of enforcement and financial crime at the FSA.

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Reuters · Independent (London) (tiered subscription model), The · Global Financial Strategy

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