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Regulators hamstrung by pandemic restrictions

Financial regulators have found their investigatory powers limited by the COVID pandemic at the same time as investor scams and incidences of unlicensed advice have increased dramatically, a new global report has found.

Regulators hamstrung by pandemic restrictions
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  • Shared by ifa
  • January 06, 2021
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The report, released by the International Organisation of Securities Commissions last week, found that investors globally piled money into often new and unfamiliar asset classes to attempt to profit during the volatility of the pandemic, while “predatory firm behaviour” helped drive “retail investor vulnerabilities” and encouraged schemes to take advantage of stimulus measures.

Read more at ifa.

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