Two Dresdner Kleinwort bond traders were publicly censured for market abuse by the Financial Services Authority on Wednesday, in a case that could lead to more challenges to the watchdog’s decisions.

In a statement, the FSA said Darren Morton, a director and Christopher Parry, a vice-president at Dresdner Kleinwort (now part of Commerzbank) committed market abuse in relation to a new issue of Barclays’ bonds.