Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
We have today penned an open letter to George Osborne regarding the ever-growing scandal of the ShareProphets AIM-China Filthy Forty. Mr Osborne, you will remember, is keen to see greater links forged between the London and Chinese markets. Under the circumstances we are deeply concerned about this and call for a full investigation.
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Comments
Drunken Sailor
I am sure you will get a response in about 3 weeks from some functionary in the treasury explaining why it is not their fault and that it is not up to them to deal with it. They may tell you how they put in place a new regulatory architecture (which includes FCA) to replace the old regulatory architecture (which included FSA) which had completely failed. Oh that’s alright then lets have another new regulatory architecture where the chocolate teapots all get new names and that will solve the problem won’t it.
Duck and Dive
Bravo.