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FCA to ban the promotion of UCIS and certain close substitutes to ordinary retail investors

The Financial Conduct Authority (FCA) has published final rules to ban the promotion of Unregulated Collective Investment Schemes (UCIS) and certain close substitutes (together to be known as Non-Mainstream Pooled Investments (NMPIs)) to the vast majority of retail investors in the UK . . .

http://www.fca.org.uk/news/promotion-of-ucis-ban-ordinary-retail-investors