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By law, Blair is not allowed to arrange, administer or advise on investments – roles that, under the City's regulations, only "approved" persons are allowed to conduct.
The existing approved persons regime will be changed with a new system aimed at top bankers taking responsibility for their actions and a new licensing regime.
The FCA said the investigations would decide whether the senior figures, who include the former chief executive Andy Hornby and former chairman Lord Stevenson, should face proceedings that could strike them off the FCA's approved persons list.
Several rural communities – where many view Ebola with much the same terror and misunderstanding as westerners did when the Aids epidemic began – may be quarantined, with food supplies and medical support ferried in by only approved persons, authorities said.
Dow Jones's Financial News reported that despite claiming to be a trader on his own personal Web site, LeadingTrader.com, Mr. Rastani does not appear on a search of the Financial Service Authority's register of approved persons.
Its report criticised the now-defunct City regulator the Financial Services Authority FSAA), saying the watchdog appeared "to have taken no steps to establish whether the former leaders of HBOS are fit and proper persons to hold the approved persons status elsewhere in the UK financial sector".
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It said Vantage knew Hassell was not an approved person; he had tried to become authorised when the firm was formed in 2004 but been rejected as he was then the subject of an FSA inquiry, which was dropped in 2007.
An Approved Person is someone who is permitted to carry out particular financial functions by the FSA.
While the three executives saw their "Approved Person" status at HBOS lapsing, they did not face any further sanctions.
"The FSA appears to have taken no steps to establish whether they are fit and proper persons to hold Approved Person status elsewhere in the UK financial sector," said the report.
Potential case-patients were persons 15 70 years of age (because Lyme vaccine was approved for persons in this age range) reported by their healthcare provider to CT-DPH as having LD in the period from January 2000 to February 2003.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com