FCA Fines Advisor £100k and Bans Him for Insider Dealing

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The UK Financial Conduct Authority (FCA) fined Neil Sedgwick Dwane £100,281 and banned him from financial services for insider dealing at ITM Power Plc in 2022. He sold 125,000 shares (£124,287) using inside information before a 37% price drop, then repurchased 180,000 shares (£140,700), profiting £26,575. The experienced advisor ignored trading permission rules; the fine was reduced 30% for early settlement. 

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