§ Mr. Austin Mitchellasked the Secretary of State for Trade and Industry if, pursuant to his reply dated 19 February, Official Report, column 750, concerning insider trading, he will publish in the Official Report a table showing for each quarter since 1 January 1983 the number of cases referred to his Department and the number of these which are not at present subject to investigation; how many cases are now under investigation; how many arose out of investigations by the United States authorities; and when he expects more prosecutions to be brought.
§ Mr. HowardThe numbers are as follows. I am not able to provide information about confidential exchanges with the United States authorities, or to forecast when proceedings may be instituted.
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Year and quarter Total Not under current investigation Under current investigation 1983 1 4 4 0 2 2 2 0 3 4 4 0 4 7 7 0 1984 1 3 3 0 2 5 5 0 3 4 4 0 4 0 0 0 1985 1 1 1 0 2 2 2 0 3 2 2 0 4 1 1 0 1986 1 6 5 1 2 1 1 0 3 2 0 2 4 5 3 2
Year and quarter Total Not under current investigation Under current investigation 1987 1 4 4 0 Note 1:
The category of cases "not under investigation" includes those cases where charges have been laid and those where investigation is being considered.
Note 2:
The current position is as follows:
Charges have been laid in two cases; five cases are under investigation; in addition, five cases are being considered for investigation.