Written by Ulver

Print this
Topics: FSA

Saturday, 5 September 2009

image for FSA Warns against "Spoofing"
The FSA Logo

LONDON (Monthly Cycle) - The Financial Services Authority said on Tuesday it will fine,suspend or kill operators involved in the practice known as "spoofing".

The warning follows a 35,000 pound fine imposed last year by the UK Regulator on an Estonian Grandmother.

Spoofing involves putting jokey comments on a web-site and creating a misleading impression of the Regulators as a bunch of feckless twats. It constitutes potential market abuse, an FSA spokesman told the cycle.

A spokeswoman for the FSA told The Cycle: "We are not just saying: 'We are watching you.' We are warning to stop and if they do not, we will take action,"

Prosecution would involve fines or suspensions, she said

Make Ulver's day - give this story five thumbs-up (there's no need to register, the thumbs are just down there!)

The story above is a satire or parody. It is entirely fictitious.

If you fancy trying your hand at comedy spoof news writing, click here to join!

Print this

Related Stories...


Mailing List

Get Spoof News in your email inbox!


What's 5 multiplied by 2?

4 2 10 3

Go to top