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The chairman contemplates the role of the regulator over a pint of Equivocal Welcome

"I wasn't aware the FSA had a retail investment policy, let alone a director of one," mused the chairman of the insignificantly-sized investment company SmallBlue Planet as he sipped his pint of Equivocal Welcome at The Severn-Election. "Of course they do," I said. "Did you think it just made everything up as it went along? Actually, it's probably best you don't answer that but, as I think we may have mentioned before, the FSA does seem to have a very set way of working that may have or may not have been influenced by how our splendid government go about making policy. "Step one is to iss...

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