FCA bans broker over poaching colleagues from rival firm

The FCA has wanted to ban Verrier for two years, after a series of court trials found he had orchestrated a poaching spree after quitting at his former employer. Verrier quit his job as second most senior executive broker at inter-dealer brokerage Tullett Prebon in 2008, and later orchestrated poaching former colleagues from the firm for his new employer BGC. The FCA found that Verrier was not a fit and proper person due to concerns over his integrity based on findings during the High Court and Appeals trials brought by Tullett Prebon v BGC Brokers (and 13 others). FCA director of ...