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FCA bans ex-UBS trader for failings related to $2.3 billion losses

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The Financial Conduct Authority (FCA) has banned John Christopher Hughes from performing any function Tracey McDermott, the FCA's director of enforcement and financial crime, said:  “Hughes was the most senior person on the Exchange Traded Funds (ETF) desk. He should have been acting as a role model to others. Instead…

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