The regulator’s survey reveals a growing market for complex ETPs, with firms excelling in target market clarity and educational support, while others falling short on appropriateness checks, monitoring holding periods and communicating leverage risks.
The UK Financial Conduct Authority (FCA) has today (12 January) published a review highlighting both strong practices and areas for improvement in the sale of complex exchange traded products (ETPs) to retail investors. The review, conducted across a range of platform and wealth management firms, assessed how distributors identify their target market The review, conducted across a range of platform and wealth management firms, assessed how distributors identify their target market, communica