§ Matthew TaylorTo ask the Chancellor of the Exchequer whether the Financial Services Authority is undertaking investigations into potential insider dealing regarding Railtrack shares in the period immediately before the suspension of shares in Railtrack; and if he will make a statement. [16687]
§ Mr. Andrew SmithUntil midnight on 30 November, the Financial Services Authority has no power to investigate or prosecute insider dealing. Until then the primary responsibility for investigating and prosecuting insider dealing rests with the Department of Trade and Industry.