Speculators gonna speculate; regulators gonna educate

Wed, 03 Feb 2021

Both the UK and US financial regulators leapt into action last week with some press release-based educational services for novice investors.In a clipped statement on recent share trading activities, the UK Financial Conduct Authority warned consumers that: “Buying shares in volatile markets is risky and you may quickly lose money.”And losing money through your own recklessness is “unlikely to be covered” by the official UK financial compensation scheme, the FCA said.The UK regulator also briefly reminded investors that b...

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