Cadwalader partner Alix Prentice and associate Juliette Mills have co-authored an article in Law360, “FCA Bulletin Highlights Risks Of Leaking Inside M&A Info,” published on April 24.

In the article, Alix and Juliette discuss the Financial Conduct Authority's Primary Market Bulletin 54, which addresses concerns regarding "the deliberate and inadvertant leaking of material and price sensitive information during live merger and acquisition transactions." They explain the current U.K. rules regarding market manipulation and break down the main objectives of the bulletin, which include enhanced vigilance, reminder of legal obligations and potential consequences.

Read the full article here.