By Tom Winnifrith | Wednesday 11 August 2021
On Friday I reported that broker Pello, always a “colourful fringe player”, i.e the sort of firm whose card was already marked by the FCA, had been told by the FCA to stop dioing business. I wondered how it could have run into financial issues while every broker in down was enjoying the Covid bull market and making out like a bandit. I am now told that Pello has also made out like a bandit and has no cash issues but…
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