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Crispin Odey hit with £1.8m fine and industry ban by the FCA

FCA reception
Photo: FCA

The FCA found Odey’s behavior towards both OAM and the FCA lacked “candor.”

The FCA has levied a £1.8m ($2.33m) fine and imposed a ban on prominent hedge fund manager Crispin Odey, citing what it calls his “lack of integrity.” The decision, announced today, stems from Odey’s actions to obstruct internal disciplinary proceedings at Odey Asset Management LLP (OAM).

The FCA alleges Odey