The regulator has in the present day (6 February) written to those that complained about the way in which it dealt with the mini-bond saga.
Blackmore Bond was an unregulated agency that raised funds by issuing mini bonds.
Two regulated companies, NCM Fund Providers (NCM) and Northern Provident Investments (NPI), authorized the monetary promotions for the mini bonds.
FCA mushy launches £2.5m up to date rip-off register
The FCA stated it performed “thorough enforcement” investigations into NCM and NPI and determined that the monetary promotions had been largely correct and contained very related danger warnings to customers, so …
