Final notice: Andrew Osborne
February 15, 2012
The FSA has imposed a financial penalty of £350,000 on Andrew Osborne for engaging in the market abuse offence of improper disclosure in breach of section 118(3) of FSMA.
Andrew Osborne was, at the time of the offence, a managing director in the corporate broking group of Merrill Lynch International who were acting for Punch Taverns as joint book runner and co-sponsor in relation to a transaction to issue new equity.