I wrote to FSA asking why they did not look into or ask any questions about the dodgy winding up of SPD. Here is the response
".. we do not regulate every aspect of financial services and regret that SP Holdings, an AIM listed company, is not authorised or regulated by FSA. You may wish to contact the London Stock Exchange ..."
Ridiculous! Guys, be afraid of these cowboy companies listed here and there. Be very afraid. As long as they pay the subscription fees, official bodies will allow them to be members of this and that. Any time they want they just run off with everybody's money."
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