FSA Increase Fines
July 20, 2009 by Lewis Nedas
The FSA has announced that it will increase fines to be levied against those found guilty of market abuse, in regulatory proceedings, to a minimum of £100,00 for individuals and a maximum of £50 million for companies.
There is, however, increasing pressure upon the FSA to institute more criminal proceedings against those suspected of insider dealing and misleading shareholders.
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