Friday, September 20, 2024

Asset Manager To Pay Investors €250M After FCA Probe – Law360

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By Alex Davidson (August 7, 2024, 10:54 AM BST) — The Financial Conduct Authority said Wednesday that asset manager H20 AM LLP will pay €250 million ($272 million) to investors unable to gain access to funds since 2020 after the regulator found serious breaches of rules, including a failure to manage conflicts of interest and making false statements….

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