A doctor hailed as an expert in transsexualism has been found guilty of serious professional misconduct by the General Medical Council (GMC).
Other doctors submitted complaints against Dr Reid to the GMC
Dr Russell Reid, 63, had denied rushing five patients into hormone treatment and sex-change surgery without properly assessing them.
The tribunal concluded that the doctor had acted inappropriately and not in the best interests of his patients.
But the expert, of west London, has escaped being struck off.
Panel chair John Shaw told Dr Reid: "The panel does not think it would be in the public interest to deprive the country of an experienced and otherwise well-respected doctor."
The consultant was told he could continue to practise but had to do so under strict conditions.
He now must be supervised if he works in NHS hospitals or GMC-approved clinics.
The doctor had denied serious professional misconduct.
A former NHS doctor before he went into private practice, Dr Reid worked at the gender identity clinic of Charing Cross Hospital in west London from 1982 to 1990.
The charges he faced covered the period from 1988 to 2003.
The case against him was taken to the GMC by four psychiatrists who worked at the Charing Cross Hospital gender identity clinic.
The fifth complainant was another of his patients.