From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

BREAKING: The real SHOCKING reason broker Pello has been stopped from doing business by the FCA

By Tom Winnifrith | Wednesday 11 August 2021


 


On Friday I reported that broker Pello, always a “colourful fringe player”, i.e the sort of firm whose card was already marked by the FCA, had been told by the FCA to stop dioing business. I wondered how it could have run into financial issues while every broker in down was enjoying the Covid bull market and making out like a bandit.  I am now told that Pello has also made out like a bandit and has no cash issues but…

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:


Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

Wednesday »

Tom

Are you coming to Sharestock on September 7?

 

VANL

Van Elle Holdings – a Buy?

Thursday »

CCT

Character Group – a Buy?

 

ING

Ingenta – now a Buy again?

Time left: 23:05:06