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The FCA was wrong. But financiers seeking redress is hard to take

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Two years ago, Martin Wheatley told insurance and pension companies that his new get-tough Financial Conduct Authority would "shoot first and ask questions later". But it's Wheatley who is now dodging bullets, fired by the very industry he set out to reform. One of them may yet be fatal.A quoted company can't selectively release information, say to mates of the chief executive, but must give it to the whole market.

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