Basic Search  |  Summaries  |  Advanced SearchPenalty: £454,770
Year: 2011
Date: 24 June, 2011
Offence Group: financial offences
Offence Type: investor protection violation
Violation Description: Fox Hayes was ordered to pay a £454,700 fine in judgment of a finding by the FSA that the company promoted overseas entities for investments that did not reach the standards required by the FSA, leading customers to purchase shares which now had little or no value.
Action Type: agency action
Agency: Financial Services Authority
Source of Data: (click here)