In This Issue:
UK’s FCA Restricts Marketing of Unregulated Collective Investment Schemes and Similar Products to Retail Investors; Electronic Structured Note Systems and U.S. Securities Regulation; and Reminders from the SEC and FINRA.
Excerpt from UK’s FCA Restricts Marketing of Unregulated Collective Investment Schemes and Similar Products to Retail Investors -
Following a public consultation conducted by its predecessor, the Financial Services Authority (FSA), the Financial Conduct Authority (FCA) of the UK has published new, final rules restricting the distribution of unregulated collective investment schemes and “close substitutes” to certain retail investors.
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Topics: Brokers, False Claims Act, Financial Conduct Authority, Financial Services Authority, FINRA, Investors, SEC, Structured Financial Products, Term Sheets, UCITS
Published In: General Business Updates, Communications & Media Updates, Finance & Banking Updates, International Trade Updates, Securities Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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