U.K. Regulator Fines Cenkos $690,000 Over Scandal-Laden Quindell

  • Financial Conduct Authority fine for systems, control failures
  • Quindell under investigation over accounts by U.K. prosecutors

Cenkos Securities Plc, a British securities firm for small and mid-cap companies, was fined 530,500 pounds ($690,000) by the U.K. markets regulator for failures in its role as an adviser to scandal-laden client Quindell Plc.

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