Brokers charged

Britain’s Serious Fraud Office (SFO) says two former brokers have been charged with conspiracy to defraud in connection with rigging a key benchmark interest rate, the London interbank offered rate (LIBOR).

The charges were brought against two former brokers who worked at RP Martin Holdings, according to the SFO announcement.

The charges were brought by Britain’s Serious Fraud Office (SFO), which opened the investigation into manipulation of the London interbank offered rate (LIBOR).

The pair were arrested in December after the SFO opened its investigation into alleged manipulation of LIBOR.

LIBOR stands for the London interbank offered rate and is described in the article as a key benchmark interest rate that was the focus of the alleged manipulation.

In the context of this article, 'conspiracy to defraud' refers to the criminal charge brought by the SFO alleging that the two former brokers colluded to manipulate the LIBOR benchmark.

No. The article states the two former brokers have been charged and were arrested, but it does not report any convictions or trial outcomes.

The article does not outline specific investor actions. It reports that the SFO charged two former RP Martin Holdings brokers in relation to alleged LIBOR manipulation, so everyday investors may want to follow further official updates from the SFO and credible financial news sources for developments.