FCA

The Financial Conduct Authority (FCA) has dropped its suggestion firms should be using #ad in financial promotions on Twitter, following industry concerns about its appropriateness.

The Financial Conduct Authority (FCA) has banned Stephen Bell, the former compliance director of network Financial, for "systemic weaknesses" in the business' compliance process, and fined him £33,800.

A decision by the regulator to ban the former CEO of a stockbroking firm from the industry and fine him £450,000 for high-pressure mis-selling has been upheld.

The chief executive of the Chartered Institute for Securities & Investment (CISI) has described the lifetime ban handed to former BlackRock executive Jonathan Burrows as ‘draconian'.

The 400-day problem, solved

The Financial Conduct Authority (FCA) is to investigate the activities of the former operators of the Connaught Income Series 1 fund, Capita Financial Managers and Blue Gate Capital.

A former IFA has been jailed for ten years for defrauding investors of at least £3.5m in what has been branded a "classic Ponzi scheme".

Structured product providers must do more to ensure their products are understood by consumers who tend to significantly overestimate the returns on offer, the FCA has said.

Morrisons' former group treasurer has been sentenced to twelve months in prison after being convicted of two counts of insider trading.

The potential sales of Transact and Seven Investment Management (7IM), as well as increased scrutiny from the regulator, have prompted advisers to start probing platforms on their exit strategies.