Financial services and markets tribunal clarifies both its own jurisdiction and the scope of market abuse
Purpose – To report and comment on the tribunal case Phillippe Jabre v. 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.
Volume (Year): 15 (2007)
Issue (Month): 1 (February)
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