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The fate of U.K. regulator Securities Fraud Office may be up in the air if it does not secure convictions in the next high profile cases.
The six acquittals in the recent Libor trial were seen as a blow to the Securities Fraud Office (SFO), the beleaguered regulator that savored victory in Tom Hayes’ conviction and unexpected long sentence. While it is too early to determine the outcome of the high profile Euribor cases set for trial next year, an unsuccessful...
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