FCA permanently bans mini-bond marketing

On the 06.19.20 at 7:26AM


Tuba Raqshan

UK regulator Financial Conduct Authority (FCA) announced proposals to permanently ban the mass-marketing of speculative illiquid securities, including speculative mini-bonds, to retail investors.

Mini-bonds were at the heart of the collapse of the £236m mini-bond issuer London Capital and Finance, where 12,000 investors suffered major losses.

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