Crispin Odey Fined £1.8 Million and Banned for Lack of Integrity

Hedge fund manager Crispin Odey has been fined £1.8 million and prohibited from working in the UK financial services sector due to a "lack of integrity," as stated by the Financial Conduct Authority. In a preliminary ruling, the FCA announced on Monday that Odey has contested the decision and it will now be reviewed at the Upper Tribunal, making the current ruling provisional.