14/12/2011 - FSA Now Investigating Arch Cru Advisers

FSA Now Investigating Arch Cru AdvisersFSA Now Investigating Arch Cru Advisers.

The Financial Services Authority (FSA) is investigating advisers who recommended Arch cru funds. The investigation covers CF Arch cru fund sales to retail investors between July 2006 and March 2009.

In a letter from the FSA, firms have been requested to provide the regulator with the basic details about their Arch cru sales, including the date of investment, the fund name, the client name, and the amount invested. Firms have until 19 December to provide the requested information.