Biggest U.K. Insider Trading Case Wraps Up

A former Deutsche Bank broker received a four-and-a-half-year sentence for insider trading, marking one of the longest terms for such a crime. The case, involving several defendants, was part of an extensive investigation by the Financial Conduct Authority (FCA) that began in 2007. The FCA's efforts have resulted in five convictions out of eight individuals charged, highlighting the complexity and challenges of prosecuting insider trading. The case underscores the FCA's growing profile in financial regulation and sends a strong message against insider trading, with the longest sentence ever given for this offense.

What was notable about the sentence given to the former Deutsche Bank broker?

• It was a suspended sentence.

• It was a sentence for a different crime.

• It was one of the longest sentences for insider trading.

• It was the shortest sentence for insider trading.

Who were the defendants found innocent in the insider trading case?

• Martyn Dodgson and Benjamin Anderson

• Benjamin Anderson and Iraj Parvizi

• Martyn Dodgson and Iraj Parvizi

• All defendants were found guilty

When did the Financial Conduct Authority begin its investigation into the insider trading case?

• 2005

• 2007

• 2009

• 2010

How much money were the insiders alleged to have made through illegal trades?

• $20 million

• $15 million

• $10 million

• $5 million

What message did the harsh sentences in this case send about insider trading?

• It will not be tolerated.

• It is easily overlooked.

• It is a minor offense.

• It is rarely prosecuted.