FSA's hedge fund supremo changes sides

The British Financial Services Authority has seen a number of its senior regulators leaving to join the ranks of the regulated, and the latest is Chris Rexworthy, who was responsible for setting up the Authority's hedge fund practice.

Rexworthy, who until recently was the head of wholesale investment firms at the City watchdog, will join IMS, the UK's largest compliance consultancy, together with three of his FSA colleagues.

At the FSA he was in charge of supervising over 2,000 firms includin

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