U.K. Firm Fined Over Structured-Product Investments
The U.K.’s Financial Services Authority has fined Pi Financial GBP58,300 (USD94,400) for advising 362 clients to invest GBP20 million (USD32.38 million) in structured products and 160 clients to invest GBP6 million (USD9.7 million) in unregulated collective investment schemes.
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