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 staff writer at the UK edition of WIRED magazine and in 2015 my book, Freedom of Information: A Practical Guide for UK Journalists, was published. I created FOI Directory in 2012.