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'Champagne' currency trader Alex Hope held in FSA investigation into unauthorised trading scheme

From telegraph.co.uk

Mr Hope, who enjoys a high profile media presence, was a client of Peter Cruddas's brokerage CMC Markets. The Telegraph understands that it was CMC that reported the 23 year-old's alleged activities to the Financial Services Authority (FSA). Although Mr Cruddas's company refused to confirm or deny any involvement it is understood Mr Hope had been trading with the company for some time before his arrest. He had appeared in at least one of CMC's "customer talks" videos that appear on its website. On Wednesday the video had been removed. Mr Hope had enjoyed a ballooning media profile after being photographed with ... (full story)

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