FSA Fines JP Morgan Cazenove Chairman £450,000 for Market Abuse
April 3, 2012
Ian Hannam has been fined pound;450,000 by the Financial Services Authority for two instances of market abuse by improper disclosure. Hannam was found to have disclosed inside information in two emails sent to a prospective client in 2008, one in relation to a potential offer for an existing client and the other with information about a new oil find by the same existing client.