FCA Releases Results of “Early and High Growth Businesses” Review
The Financial Conduct Authority (FCA) recently released the results of its review into the practices of “early and high growth businesses”. The review was conducted in order to assess the level of protection that investors receive when investing in these businesses. The FCA found that while some firms had taken steps to ensure that investors were adequately protected, there were still areas of concern. The review focused on firms that were raising capital from the public, either through crowdfunding or through private placements. The FCA found that many of these