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FCA fines compliance officer and broker whose actions enabled market abuse to be committed in October 2010
08 August 2013
The Financial Conduct Authority (FCA) has fined David Davis, senior partner and compliance officer of Paul E Schweder Miller & Co, �70,258, and Vandana Parikh, a broker at the same firm, �45,673, for failing to act with due skill, care and diligence in the period leading up to the illegal manipulation of the closing price of securities traded on the London Stock Exchange (LSE) by Rameshkumar Goenka, a Dubai based private investor, in October 2010...Information Files
FCA_press_release_080813_2514.doc
