Stifel Former Trader Gets Fined by FCA over Wash Trades

Britain’s markets watchdog has fined Adrian Geoffrey Horn, formerly a market making trader at Stifel Nicolaus Europe Limited, for market manipulation involving the risky practice of wash trades. An FCA order...

FCA Imposes £8.96 Million Fine on Charles Schwab UK

The United Kingdom’s Financial Conduct Authority (FCA) announced today that it has imposed £8.96 million fine on the UK subsidiary of the American multinational broker, Charles Schwab. The regulator fined Cha...

Barclays Fined £26 Million for Mistreating Borrowers

The United Kingdom’s Financial Conduct Authority (FCA) has slapped a fine of £26 million on three Barclays entities, Barclays Bank UK PLC, Barclays Bank PLC, and Clydesdale Financial Services Limited, for mis...

FCA Permanently Bans Speculative Mini-Bond Mass Marketing

The United Kingdom’s Financial Conduct Authority (FCA) announced on Thursday that it is going to impose a permanent ban on the mass marketing of speculative mini-bonds. The regulator already imposed a tempor...