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FTSE 100 falls and spread betting firms dive on FCA plans

Shares in financial spread betting firms plunge after the Financial Conduct Authority proposes stricter rules for the sector.

Stricter rules for firms offering financial spread betting products are proposed by the Financial Conduct Authority.

A price cap to help consumers who use "rent-to-own" firms to buy goods is possible, the head of the City regulator says.

Investors should be quoted a single "all-in fee" so the amount taken in charges from their investment returns is clear, a regulator says.

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