Three men arrested in London in insider dealing probe

Three men have been arrested in London and are being held in custody in connection with a probe into insider dealing and market abuse, Britain's financial regulator said.

The Financial Services Authority said it had carried out six searches alongside police at addresses in the City of London and Greater London on Wednesday.

The arrests of the three men, all in their thirties, were not linked to any other ongoing insider dealing investigation, the FSA said.

(Reporting by Rosalba O'Brien)