The FCA wants to reduce the number of people who are investing in high-risk products that do not reflect their risk appetite.
The FCA has acted to stop ICC Intercertus Capital Ltd, and other members of its group which trade as EverFX, from offering CFDs.
FXBFI must not conduct any regulated activities with, or in respect of, any client who is resident in the United Kingdom.
The FCA has acted to stop Finteractive Limited (trading as FXVC), from offering high risk CFDs to UK investors.
The FCA banned former Dickinsons financial adviser Simon Varley from working in financial services and fined him £68,300.
The FCA prohibited Corrado Abbattista from performing any functions in relation to regulated activity.
The FCA has confirmed proposals to permanently ban the mass-marketing of speculative illiquid securities – including speculative mini-bonds – to retail investors.
The regulator has banned Peter Howson and John Butterfield from performing any regulated activity.
The FCA said that it considers these products to be ill-suited for retail consumers due to the harm they pose.
Conor Foley has also withdrawn a reference to the Upper Tribunal seeking to review the FCA’s Decision Notice.