The Financial Conduct Authority has launched a consultation into its new rules intended to reduce the ease and speed with which investors can make high risk investments.
The Financial Conduct Authority has launched a consultation into its new rules intended to reduce the ease and speed with which investors can make high risk investments. Under the proposed rules, the regulator would improve risk warnings on adverts, ban incentives such as new joiner or refer-a-friend bonuses and ensure the expertise and understanding of firms approving financial marketing. Head of personal finance at AJ Bell Laura Suter described the move as a push to "make it harder for novice investors to sleepwalk into buying high-risk investments". "There has been a boom in peo...
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