Britain's Financial Watchdog Bans Ex-Aviva AnalystMani
The Financial Conduct Authority has fined Mothahir Miah, a former investment analyst at Aviva Investors, for misallocating trades to funds that delivered higher performance fees in an effort to boost his profits. Miah agreed to settle at an early stage of the FCA's investigation so he qualified for a 30% discount. Were it not for this discount, the financial penalty would have been £198,600.
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