James Lewis, the former chief executive and managing partner of independent investment services firm Shard Capital Partners, has been fined £120,300 and banned by the Financial Conduct Authority (FCA) following two separate instances of providing incorrect information about clients’ cash purportedly held by the firm.
Mr Lewis’ misconduct put the market and investors at risk, the regulator said.
Between June 2015 and May 2017, Mr Lewis told auditors that S...
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