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Financial services and markets tribunal clarifies both its own jurisdiction and the scope of market abuse

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  • Joanna Gray

Abstract

Purpose - To report and comment on the tribunal casePhillippe Jabrev.FSA Design/methodology/approach - Outlines the facts and explains the decision reached. Findings - Had the tribunal resolved the market abuse issue otherwise it would have flown in the face of the realities of globally integrated financial markets and trading activity. Originality/value - The case sounds a reminder of the width of the rationale for legislating against market abuse and insider trading.

Suggested Citation

  • Joanna Gray, 2007. "Financial services and markets tribunal clarifies both its own jurisdiction and the scope of market abuse," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 15(1), pages 116-121, February.
  • Handle: RePEc:eme:jfrcpp:v:15:y:2007:i:1:p:116-121
    DOI: 10.1108/13581980710727056
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    Keywords

    Tribunals; Insider trading;

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