The UK Financial Conduct Authority (FCA) recently banned Crispin Odey, founder of the defunct Odey Asset Management, from the financial sector and fined him £1.8 million for displaying a "lack of integrity" in his conduct.
The hedge fund manager is accused of frustrating his firm's disciplinary proceedings regarding allegations of sexual misconduct. The FCA highlighted how Odey dismissed executives twice between 2021 and 2022 to prevent disciplinary hearings.
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