New promotions rules to affect EIS, crowdfunding and other ‘non-readily realisable securities’
New promotions rules to affect EIS, crowdfunding and other ‘non-readily realisable securities’
The FCA has announced that its proposal to restrict the retail promotion of unlisted equity and debt securities will go ahead.
The new rules will affect only direct offer financial promotions: those where the manner of responding to the promotion is specified or those including a form by which a response may be made.