11
December
UK WATCHDOG BANS THREE FINANCIAL ADVISERS AFTER SEX CRIME CONVICTIONS
November 5, 2020
Kirstin Ridley
Reuters
LONDON (Reuters) – Britain’s markets watchdog on Thursday banned three former financial advisers from the industry after their convictions for sex crimes, the first time the regulator has used its powers to crack down on such misconduct.
The Financial Conduct Authority (FCA) said Russell Jameson, Frank Cochran and Mark Horsey had failed to meet “fit and proper” standards because they had committed serious offences while working in the financial services industry.
Jameson was convicted in 2018 of making and stockpiling thousands of violent and indecent images of children and