HL Deb 17 November 2003 vol 654 c261WA
Lord Taylor of Warwick

asked Her Majesty's Government:

When the Financial Services Authority will announce the results of the first enforcement actions covering stock market abuse. [HL5298]

Lord McIntosh of Haringey

The chief executive of the Financial Services Authority has said that there are several cases of market misconduct reaching their final stages. The timing of an announcement of enforcement action depends on completion of the proper procedures for taking action against a person under Part VIII of the Financial Services and Markets Act.