Hedge Funds

FCA fines and bans Crispin Odey

Regulator sanctions fallen hedge fund star for blocking ‘efforts to hold him to account’

Odey, once a titan of the City hedge fund world, is now locked in a battle with regulators
Odey, once a titan of the City hedge fund world, is now locked in a battle with regulators Photo: Hollie Adams/Getty Images

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

The watchdog wants to fine the former hedge fund boss £1.8m and ban him from the UK financial services industry for a lack of integrity, it said in a 17 March statement.

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