Insolvent UK minibond marketer EFG censured for hiding steep commissions
By Maciej Boguslawski ( July 30, 2026, 12:28 GMT | Insight) -- Closed investment company Equity for Growth (Securities) has been publicly censured by the UK financial markets watchdog for approving misleading financial promotions that failed to disclose large commission payments. The Financial Conduct Authority did not impose fines as the firm is insolvent and any financial penalty would affect creditors.A defunct UK investment company has been publicly censured for approving misleading financial promotions that failed to disclose large commission payments, the Financial Conduct Authority said. ...
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