UK Financial Conduct Authority Fines And Prohibits Hedge Fund Chief Investment Officer For Market Abuse
UK Financial Conduct Authority Fines And Prohibits Hedge Fund Chief Investment Officer For Market Abuse Date 15/12/2020 The FCA has fined Corrado Abbattista, formerly a portfolio manager, partner and Chief Investment Officer at Fenician Capital Management LLP, £100,000 for market abuse and prohibited him from performing any functions in relation to regulated activity. Following an investigation, the FCA found that Mr Abbattista, an experienced trader, engaged in market abuse by creating a false and misleading impression as to the supply and demand for equities between 20 January and 15...