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UK crackdown on risky trading threatens meme-stock platforms ‘constantly tempting consumers’

As the FCA looks to halve interest in risky assets, eyes are turning to purchases made through trading apps

Platforms like Robinhood generate a substantial proportion of their turnover from products that are often considered high-risk
Platforms like Robinhood generate a substantial proportion of their turnover from products that are often considered high-risk Photo: Getty Images

The FCA is tightening its grip on high-risk investments in a move experts fear could hit trading platforms offering people on the street access to complex products.

The regulator put esoteric investments in its crosshairs in July. But on 15 September, it fleshed out its plan with a series of targets it wants to achieve that would indicate consumers are getting the right investments for them.

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