AIM
Advisers with clients exposed to boiler room brokerage Sky Capital have begun enquiries into compensation, IFAonline understands.
The Treasury has again rejected calls to allow more alternative investment market (AIM) shares in individual savings accounts (ISAs).
Ashcourt Rowan has been given the go-ahead for a potential £8.5m capital injection after a share placing was approved at its annual general meeting today.
Other AIM articles
A boiler room scammer used a real IFA's name and FSA number to con investors out of thousands of pounds.
Clarkson Hill Group, the financial adviser in administration following concerns over its capital position, has had its share trading on AIM cancelled after failing to re-appoint a nominated adviser (nomad).
The government has said it has no intention of allowing Alternative Investment Market (AIM) shares to be held in ISAs.
NBNK Investments has begun trading on the AIM market to raise money to establish a new nationwide banking network.
Developing regional stock exchanges may “fragment” liquidity and narrow the pool of investors available to small and medium-sized businesses (SMEs), a Treasury Green Paper published today says.
Share trading in Vantis, the parent company of IFA Vantis Financial Management, has been suspended after the group admitted it may not have sufficient funding to continue to trade on a going concern basis.
The FSA has fined Winterflood, the largest market-maker on AIM, and two of its traders £4.25m for market abuses.
AIFA has welcomed moves to make AIM shares eligible as a tax-advantaged ISA investment, but says the Chancellor held back on support for small businesses.
David Glick, director of Edge Investment Management, says investing in the glamorous world of football transfers is a new way of mitigating inheritance tax liabilities.
The FSA has fined a former Pacific Continental Securities UK stockbroker £24,000 for insider trading.
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