US sentencing of insider dealing offences: a trend the FSA will follow?
On Thursday 13 October, Raj Rajaratnam, the founder of the Galleon hedge fund, received a record sentence in the US of 11 years in prison for insider dealing. US prosecutors had sought a sentence of 25 years. Rajaratnam was also fined $10m and ordered to pay restitution of $50m. This conviction followed no less than […]