FCA says firms must help retail investors understand complex ETP risks

The regulator has raised concerns over some firms having weaker controls, and limited assessment of customers’ experience and knowledge of ETP-associated risks.

The UK’s financial watchdog has asked firms to make it easier for retail investors to understand the risks associated with trading in complex exchange-traded products (ETPs).

The FCA has said complex ETPs, despite being a small subset of the wider ETP market, can be high-risk products and may include leveraged

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