Sweden’s Finansinspektion (FI) has withdrawn the authorisation of securities firm Exceed Capital Sverige AB. According to FI’s decision, Exceed will be suspended and may no longer conduct regulated business as of 2 September.
FI's director general Erik Thedéen (pictured) has urged market players to be mindful of consumer interests ,and consider their needs and individual circumstances when providing advice about financial products. In a panel discussion during the Swedish House of Finance Consumer Behavior in Financial Markets conference at the Stockholm School of Economics on Monday, the regulator stressed the need for strong consumer protection as a prerequisite for ensuring the welfare of consumers on the
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