UK Agency Makes 7th Arrest In Insider Trading Probe

Law360, New York (March 24, 2010, 5:48 PM EDT) -- British authorities on Wednesday arrested a seventh person in a sprawling insider trading investigation, just a day after six individuals from major investment houses including Deutsche Bank were arrested in the historic case.

The U.K. Financial Services Authority and Serious Organised Crime Agency provided no other details on the identity of the seventh person arrested in the case. The unnamed individual was released on bail following questioning by investigators.

On Tuesday the FSA and SOCA announced the arrests of the other six unidentified people, two of...
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