UPDATE 2-Woodford fund managers exploited flawed EU rules - FCA head <!-- no image --> <div>* EU rules were not flexible enough (Adds more quotes, background)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=ateB0ixKPMo:Eu4-PvEaL3c:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=ateB0ixKPMo:Eu4-PvEaL3c:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=ateB0ixKPMo:Eu4-PvEaL3c:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=ateB0ixKPMo:Eu4-PvEaL3c:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=ateB0ixKPMo:Eu4-PvEaL3c:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/ateB0ixKPMo" height="1" width="1" alt=""></div> Posted by Reuters