UK FCA Fines Woodford £46 Million After His Fund Collapsed

The UK’s Financial Conduct Authority fined Neil Woodford, the once-renowned investment manager, and his fund empire a total of £46 million ($61.1 million) over shortcomings in the lead up to the fund’s collapse.

​The UK’s Financial Conduct Authority fined Neil Woodford, the once-renowned investment manager, and his fund empire a total of £46 million ($61.1 million) over shortcomings in the lead up to the fund’s collapse.