Lion Asset Management isn't regulated and does not need to be. We are closed to new clients except by recommendation from an existing client. And have been since 2006. That is unlikely to change. Ever. We also have a compliance procedure which means we only deal with HNW individuals.
Lion Asset Management clients are fully aware that they invest in unregulated collective investment schemes that are not authorised or otherwise approved by the FSA and can not be marketed to the general public.
is directed only at recipients set out in the Financial Services and Markets Act 2001 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001.
Examples of such recipients may include (but are not limited to) Authorised Persons, including Independent Financial Advisors which are authorised and regulated by the FSA, certified sophisticated investors, High Net Worth Companies and unincorporated associations. We verify through our compliance procedures that all new clients fall within these categories.
Put simply, we never solicit new investment business. As for contact purposes all that matters is our clients can contact us easily. The general public can contact us by email only. Clients can obviously also contact us by telephone, Skype, Fring or Jahjah.
What you are promoting is illegal under UK law DMBFX and I will report the matter to the FSA in due course.
The only area where we agree, I believe, is that we share a similar disdain for the FSA. However, the difference between FXSalt and Lion Asset Management is that for the reasons stated above we comply with all local laws in all jurisdictions where we do business. We do that because it is the right thing to do.
Finally, I wrote:-
I believe eveyone else who has commented here (apart from Steve) is connected by an affiliate arrangement or stronger with FXSalt.' You commented:-
'That is a smart deduction !' So I believe readers will infer that that is the case. Sir, have a great weekend.
BTW, how many people work in your boiler room? You'll have to double your staff to deal with all the enquiries you'll get from this thread.😉
Time is more valuable than money. You can get more money, but you cannot get more time.