Rifat was fined 100,000 pounds ($147,300) and ordered to pay about 159,000 pounds in legal costs at the hearing on Thursday after pleading guilty in November to trading using illegal tips in companies including Barclays Plc, Volkswagen AG and Metro AG. Judge Alistair McCreath said he must “have regard to the effect of this offense, this behavior, on confidence in the market” in determining the ...
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