The action is the latest in a series of cases of so-called "outsider trading", which watchdogs see as an increasingly serious threat to securities markets.

此案是一系列所谓“外线交易”案件中的最新一例，监管机构认为此类案件对证券市场构成日益严重的威胁。

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"If a family does not have its footing, its equilibrium, an outsider can be perceived as a threat," Levy said.

“如果一个家里的人可以保持平衡的关系，一个外来的人也许会是个威胁。”利维说。

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The biggest threat to Mr Vladi's monopoly is not imitation it would be hard for an outsider to replicate his files and contacts but, possibly, technology.

ECONOMIST: Middleman Friday