A computer giving advice of share sale holding and selling positions was giving advice regulatable under the Financial Services Act, and the company selling the software committed the offence when the software was sold even though ‘advice’ was much later.
Citations:
Gazette 03-Sep-1998, Times 31-Jul-1998
Statutes:
Financial Services Act 1986 Sch 1 Para 15, Insolvency Act 1986
Jurisdiction:
England and Wales
Financial Services
Updated: 19 July 2022; Ref: scu.82047