The Financial Conduct Authority (FCA) has fined Floris Jakobus Huisamen, former director of London Capital & Finance plc (LCF), £31,800 and banned him from working in financial services.
He was responsible for compliance at LCF but recklessly signed off hundreds of financial promotions, which contributed to thousands of investors being misled, the FCA said.
LCF marketed minibonds to retail investors. The regulator found that financial promotions, signed off by Mr Huisamen, pr...
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