Don’t Treat Us Like Terrorists, Insider Trading Suspects Say
- Accused argue privacy rights were breached by investigators
- EU judges to provide guidance after referral from France
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Two men accused of insider trading told European Union judges that investigators shouldn’t have intruded into their privacy in the same way they’re allowed to in terrorist or spying probes.
Lawyers for independent traders Alexis Kuperfis and Lucien Selce -- who have been charged in France -- said at a Luxembourg court hearing Tuesday that only issues of national security could warrant some exemptions to strict EU privacy rules and allow investigators to access phone records.