FCA moves to tackle high-risk investments despite 'limited powers' over issuers

In the discussion paper, published on Thursday (29 April), which follows the FCA's call for input paper launched in September last year, the FCA asked for views on three areas where changes can be made to protect consumers from harm. Firstly, the classification of high-risk investments which determines the level of marketing restrictions that applies to that investment. The regulator said it is seeking views on whether more types of investments should be subject to marketing restrictions and what restrictions should apply. Secondly, the FCA is requesting views on the segmentation of t...