Moore Capital Says One Employee Arrested Amid FSA Investigation
Moore Capital Management LP, the hedge-fund firm run by Louis Moore Bacon, said one of its employees was among the six people arrested today in an operation to crack down on insider trading.
The individual concerned has been placed on administrative leave, according to a spokesman for the firm who declined to be identified. Moore is fully cooperating with the U.K. Financial Services Authority in its investigation, he said.
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