Hedge fund compliance officer banned for post-Lehmans failings

Laura Miller
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The FSA has banned a hedge fund manager and fined him £14,000 for failing to spot attempts by an employee to hide huge losses caused by the collapse of Lehman Brothers.

Dr Sandradee Joseph was compliance officer at Dynamic Decisions Capital Management (DDCM), a hedge fund management company based in London and Milan. In the wake of the collapse of Lehman Brothe...

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