Insurance Post

FCA fines stockbrokers Cenkos over half a million for mishandling of Quindell

Financial Conduct Authority

The Financial Conduct Authority has fined Cenkos over half a million pounds for misrepresenting insurance outsourcing firm Quindell.

The FCA has imposed a £530,500 fine on the stockbrokers for misrepresenting Quindell as eligible for a premium listing during the firm's attempt to switch from London's Alternative Investment Market

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