FCA investigates Crispin Odey over fitness to work in financial services
by Mark Sweney from World news | The Guardian on (#6CQEX)
Regulator's investigation of hedge fund manager follows allegations of sexual misconduct, which he denies
The UK's financial regulator is investigating whether Crispin Odey, the hedge fund manager facing allegations of sexual misconduct, is a fit and proper person" to work in financial services.
The Financial Conduct Authority (FCA) has told MPs it was investigating claims that Odey, who was forced out of his firm Odey Asset Management (OAM) by its board last month, dismissed the firm's executive committee for an improper purpose".
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