§ Mr. John EvansTo ask the Secretary of State for Trade and Industry how many cases of alleged insider trading were investigated by his Department in each of the last five years.
§ Mr. RedwoodThe power to appoint inspectors to investigate possible insider trading is contained in section 177 of the Financial Services Act 1986 which came into force in November 1986. The Secretary of State has made the following number of appointments for each year since then:
1986 1987 1988 1989 11990 3 10 12 16 1 1 to date These statistics are published at page 152 of the Trade and Industry Committee third report on company investigations.