Business

FCA bans three financial advisors from industry

The FCA has banned three individuals from working in the financial services industry following an investigation into non-financial misconduct.

Russell David Jameson, Mark Horsey and Frank Cochran had each been convicted of serious non-financial indictable offences while working in the sector.

Jameson was a FCA-approved financial adviser at an authorised firm and was convicted of serious criminal offences involving the making, possession and distribution of indecent images of children in July 2019.

Horsey, the sole director and shareholder of a financial advice firm, was convicted of voyeurism in September 2019.

Cochran, the director of a firm specialising in pension and mortgage advice, was convicted of sexual assault in April 2018, and was sentenced to seven years’ imprisonment and was required to register as a sex offender.  

Mark Steward, the FCA’s executive director of Enforcement and Market Oversight, said: “The FCA expects high standards of character, probity and fitness and properness from those who operate in the financial services industry and will take action to ensure these standards are maintained.”

Show More
Back to top button