Financial Conduct Authority  

FCA warns on 'unacceptable' advertising by CMCs

The letter was the result of an increase in "problem cases" seen by the watchdog in the industry as it moved to remind CMCs of their regulatory responsibilities. 

When the FCA took over regulation of the sector earlier this year more than 900 CMCs registered to continue trading while they undergo the authorisation process under their new regulator. 

rachel.mortimer@ft.com

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