The UK’s Financial Conduct Authority (FCA) is improving its efforts to safeguard investors that are retail motivating caution around “inappropriate high-risk”.
The FCA released a discussion paper seeking market views on the classification of high-risk investments, the segmentation of the high-risk investment market and the responsibilities of firms which approve financial promotions as a result.
Matt Hopkins, mind of electronic banking and fintech at BDO states an elevated http://www.loansolution.com/payday-loans-wa activity among retail investors has forced the regulator to do something quickly and it is a “clear signal” that the regulator would like to bring high-risk investing to a conclusion for retail investors. Hopkins claims online brokers offering higher-risk items like contracts-for-difference (CFDs) and distribute gambling facilities will quickly need certainly to bolster their interior controls.