The FCA censured Catalyst Investment Group Limited for misleading investors in their promotion of bonds offered by ARM Asset Backed Securities SA, based in Luxembourg.  But for the fact that they are in default, Catalyst would have been fined £450,000. Catalyst offered the bonds to investment intermediaries and independent financial advisers in the UK, who […]

Financial News Ian Hannam, the former JP Morgan Cazenove banker challenging a £450,000 FSA fine for market abuse, has described his behaviour during the events that sparked the regulator’s charge and penalty as “acceptable”. Hannam tells tribunal behaviour was … See all stories on this topic » http://www.efinancialnews.com/story/2013-07-05/ian-hannam-tribunal-london-july-2013-day-three?mod=sectionheadlines-PE-IB