Ex-BGC Director Verrier Banned in U.K. After Dropping Appeal
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Anthony Verrier, the former executive managing director of the inter-dealer brokerage BGC Partners Inc., was banned by the U.K. markets regulator after he dropped an appeal challenging the penalty.
Verrier said in May 2012 that he would appeal the Financial Conduct Authority’s decision to block him from working in the finance industry and have the case heard at a tribunal in London. He’s dropping that challenge, the FCA said in a statement today.