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 FCA Bottles it: Standard Listed frauds will not need an advisor after all & can "carry on robbing"

By Tom Winnifrith | Thursday 18 January 2024


 


Oh dear, oh dear. The FCA had the chance to clean up the sewer that is the Standard List by forcing all companies to retain a regulated advisor, rather as AIM Companies have to retain a Nomad. Fearing losing its license a Nomad should, in theory, stop companies telling outright lies or committing fraud, as happens all too often on the Standard list. But a consultation paper CP23/31 shows that the woke warriors at the FCA have bottled it and thus will allow investors to carry on getting screwed.
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.


Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

Black-Swan

Video: Poking Bears And Black Swans

 

SBTX

Is Stuart Ashman lying again?

 

Crime-Scene

So farewell then MichaelWalters.com

Time left: 09:05:40