US EditionFCA Admits Failures in Basset & Gold Collapse, Sparks Regulatory Debate
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FCA Admits Failures in Basset & Gold Collapse, Sparks Regulatory Debate
The collapse of Basset & Gold Ltd and Basset & Gold plc has sent shockwaves through the financial sector, raising serious questions about regulatory oversight and investor protection. Both firms, which raised funds through unregulated mini-bonds, have now ceased operations, leaving investors in the lurch. The Financial Conduct Authority’s (FCA) recent response to complaints about its handling of… Source
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