David Bruce has agreed to resign from his post as CEO at BC Asset Management as a result of a long-r...
David Bruce has agreed to resign from his post as CEO at BC Asset Management as a result of a long-running FSA investigation into the activities of the split capital investment trust sector between September 2000 and February 2002. Bruce, along with Roderick Crawford, Paul Glover and Anthony Reid, have agreed to not undertake particular functions for a specified period of time. The ruling marks the end of an FSA investigation into 20 separate firms which began in 2004. Although the FSA said that it did not find any regulatory breach against the individuals, nor did they make any admis...
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