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UK Bans Ex-Hedge Fund Titan From Finance Industry

By Stewart Bishop (October 26, 2015, 1:23 PM EDT) -- The U.K.'s financial services regulator on Monday said it has banned former hedge fund titan Magnus Peterson from working in the financial sector, coming after the sentencing of the onetime head of Weavering Macro Fixed Income Fund Ltd. to 13 years in prison for forgery and fraud....

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