““CETNS” MUST BE LATED ON FCA-APROVED UK-BASED Exchanges and Adhere to Financial Promotion and Consumer Duty Rules.”, – WRITE: www.coindesk.com
The FCA Had Previoously Barred Retail Access to Crypto etns in 2021, Citying Investor Protection Concerns.
However, with The Market Maturing and Somepto Investment Products Now Better Understood, The Regulator SAID IT WILL ALLOW Access, Provides The Etns Are Listed on Recogned, Fcagned, Fcagned.
Products Must Follow Financial Promotion Rules to Prevent Misleading Advertising and InApproprital Incentives. The FCA’s Consumer Duty Rules, WHICH REQUIRE FIRMS to Avoid Causion Foreseeble Harm, Will Apply. The FCA Warned, However, that there is a coverage under the Financial Services of Compensation Scheme for Tese Products.
The Move ComESS After Retail Investors Gained Access to A Pletora of Cryptocurrency Exchange-Traded Funds (Etfs) Overseas in The Use Funds 14 Net Assets.
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