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Mr. John Evans
To ask the Secretary of State for Trade and Industry how many cases of alleged insider trading were investigated by his Department in each of the last five years.
Mr. Redwood
The power to appoint inspectors to investigate possible insider trading is contained in section 177 of the Financial Services Act 1986 which came into force in November 1986. The Secretary of State has made the following number of appointments for each year since then:
| 1986 | 1987 | 1988 | 1989 | 11990 |
| 3 | 10 | 12 | 16 | 1 |
| 1 to date | ||||