In November 2004, the Financial Services Authority (FSA) fined Jason Smith, the former finance director of the publishing company I Feel Good, £15,000 for market abuse – better known as insider trading.

I Feel Good, the publisher of magazines such as Viz Comic, was the subject of a takeover bid by a larger company, Dennis Publishing, and Mr Smith had disclosed details of the offer price to an acquaintance, who subsequently dealt in shares.