The FCA put 42 firms under supervision over advice they gave to invest in collapsed life settlement company Keydata, a Freedom of Information Act request has revealed.

Only five of these firms were the subject of any enforcement action, however.

Reported by Money Marketing. You can read the full story here. 

I am a journalist and author. I am a journalist at the UK edition of WIRED magazine. In 2015, my first book Freedom of Information: A Practical Guide for UK Journalists, was published. My second book Reed Hastings: Building Netflix, was published in March 2020. I created FOI Directory in 2012 and have maintained it in my spare time ever since.