Seventh Arrest In U.K. Insider-Trading Sting

British authorities arrested a seventh person in connection with the insider-trading case that ensnared a Moore Capital Management trader.

The Financial Services Authority, which organized the U.K.’s largest insider-trading sting with the country’s Serious Organised Crime Agency, would not identify the individual arrested this morning. It has also not officially identified the six people arrested yesterday, but media reports indicate that they include Julian Rifat, an execution trader at Moore’s London office.