Regulator extends 10% drop rule suspension for additional six months

Covid-19 hiatus

Jenna Brown
clock
The temporary coronavirus-related measure was first introduced in March this year as market volatility spiked.
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The temporary coronavirus-related measure was first introduced in March this year as market volatility spiked.

The Financial Conduct Authority (FCA) has extended the 10% drop rule suspension for a further six months to March 2021 as it warned of market volatility linked to the continued spread of Covid-19 and Brexit developments.

The temporary coronavirus pandemic-related measure was first introduced in March this year as market volatility spiked. Firms providing portfolio management services or holding client accounts have...

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