Financial services and markets tribunal clarifies both its own jurisdiction and the scope of market abuse
Journal of Financial Regulation and Compliance
ISSN: 1358-1988
Article publication date: 27 February 2007
Abstract
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.
Keywords
Citation
Gray, J. (2007), "Financial services and markets tribunal clarifies both its own jurisdiction and the scope of market abuse", Journal of Financial Regulation and Compliance, Vol. 15 No. 1, pp. 116-121. https://doi.org/10.1108/13581980710727056
Publisher
:Emerald Group Publishing Limited
Copyright © 2007, Emerald Group Publishing Limited