HDH Investment Services, a brokerage and advisory firm, has entered liquidation just over a month after the Financial Conduct Authority (FCA) warned that the business may have given “unsuitable” financial advice.
HDH Investment Services entered liquidation on Thursday (16 April), according to an FCA news update. Quantuma Advisory's Dina Devalia and Tom Parish have been appointed as joint liquidators. The liquidation follows HDH Investment Services agreeing to cease carrying out any regulated activity from 20 January. In March, the FCA warned that customers of the firm may have received "unsuitable" advice, potentially leading to financial loss. The joint liquidators are expected to contact HDH Investment Services with further information, according to an update on the firm's website. The...
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