Discretionary fund manager Beaufort Securities was today placed into insolvency, following an urgent application by the Financial Conduct Authority (FCA) to the High Court.
The FCA said it had taken this action following an assessment of the financial positions of both Beaufort Securities and Beaufort Asset Clearing Services (BACS), which led it to believe both frms were...
Has been cold-calling consumers
New shares admitted to London Stock Exchange
Slow and steady growth
Missed funding target by £240,000
Denies any wrongdoing