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Crispin Odey: Hedge fund manager fined £1.8million and banned for 'lack of integrity'

Summary

Hedge fund manager Crispin Odey has been fined £1.8 million and banned from the UK financial services industry for a “lack of integrity”, the Financial Conduct Authority has said in a provisional decision. The FCA statement on Monday said Mr Odey has referred the decision notice to the Upper Tribunal where both parties will present their cases, making the decision provisional for now.

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BBC News

Crispin Odey: Hedge fund millionaire banned by City watchdog

Crispin Odey has also been fined £1.8m by the Financial Conduct Authority for a "lack of integrity".

12 hours ago·United Kingdom

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MarketWatch

U.K. moves to ban former hedge-fund star Crispin Odey

The Financial Conduct Authority is looking to fine and ban Crispin Odey, alleging he “repeatedly” tried to frustrate investigations into his behavior.

13 hours ago·United States

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The Independent

Crispin Odey fined £1.8m and banned from City for ‘lack of integrity’

The Financial Conduct Authority said Mr Odey ‘repeatedly sought to evade and obstruct efforts to hold him to account’.

14 hours ago·London, United Kingdom

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Bloomberg

Odey Fined and Banned for ‘Reckless Disregard’ for Governance

Crispin Odey was fined £1.8 million ($2.3 million) and banned by the UK’s financial regulator for showing a “reckless disregard” for governance at his former investment fund.

14 hours ago·United States

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