Unregulated
Alternatives | 21 Jul 21
Are unregulated investments ever a good idea?
Bad news travels fast and folklore can create a general mistrust of the industry
Isle of Man-based Blackmore under scrutiny
Unregulated firm ‘appears to have operated as a collective investment scheme’ seeking pension funds
UK watchdog refunds £3.42m to investment scheme victims
They were promised unrealistic high returns such as ‘up to 100% of the amount invested’
South African watchdog warns investors over unregulated adviser
As it alerts public against a separate investment firm promising ‘unrealistic huge returns’
Best Practice | 26 Oct 20
Pimfa calls for supervision of unregulated financial promotions
Trade body argues it would improve market and reduce burden on lifeboat scheme