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Norwegian authority: Clarksons has spread insider information

The shipbroker has spread insider knowledge to investor clients about a company’s share issue. However, Clarksons escapes a fine. This is the conclusion of the Norwegian FSA.
The regulator only criticizes Clarksons and does not impose a fine, reasoning that customers were aware that they were receiving inside information. | Photo: Peter Dejong/AP/Ritzau Scanpix
The regulator only criticizes Clarksons and does not impose a fine, reasoning that customers were aware that they were receiving inside information. | Photo: Peter Dejong/AP/Ritzau Scanpix
by METTE GRUBE CONDRUP

The world’s largest shipbroker Clarksons has illegally shared inside information with potential investor customers in connection with the share issue of the drilling company Borr Drilling. 

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