City watchdog fines 'spread betting' firm

The London market watchdog has fined a leading financial bookmaker £70,000 (€99,000) for running a “misleading” campaign promoting spread betting, it emerged today.

City watchdog fines 'spread betting' firm

The London market watchdog has fined a leading financial bookmaker £70,000 (€99,000) for running a “misleading” campaign promoting spread betting, it emerged today.

The Financial Services Authority (FSA) said Cantor Index’s flyers, posters and press advertisements did not contain adequate warnings and could have put a large number of customers at risk.

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