Insider fine shouldn't worry UK hedge funds

Author: | Published: 1 Oct 2008
In this case, prosecution was easy because the trail was intact

The UK Financial Services Authority's clampdown on insider trading has gained prominence this week, but hedge funds have little to be concerned about in the near future.

On Monday, the FSA fined Steven Harrison, former manager at Moore Europe Capital Management, £52,500 ($92,800) for using restricted information. He bought bonds...