Frasers could face probe after chairman bought shares ‘in error’

David Daly has donated his £150 profit to charity after buying shares during the close period.

Mr Daly sold the shares 15 minutes after buying them (Liam McBurney/PA)

By August Graham, PA City Reporter

The accidental purchase of nearly 4,000 shares in Frasers Group might win its chairman an investigation by the Financial Conduct Authority, but the regulator is unlikely to go in with “all guns blazing”, a financial crime expert has said.