RE: Complaint sent to FCA31 Oct 2021 17:18
Reply from the FCA
Thank you for your recent email that's been passed to me as best placed to respond to you.
I understand you're reporting concerns about stock market price manipulation via shorting of a firm you've invested in directly. You've take the right steps in referring your concerns to the LSE and the firm's investor relations team and you should remain in contact with them directly for their responses.
I can appreciate the concerns this has caused you and thank you for bringing this matter to our attention.
What I have done with your information
Preventing, detecting and punishing market abuse is a high priority for us, as it’s important in fulfilling our statutory objectives of protecting consumers, enhancing market integrity and promoting competition. As such, I have shared the information you provided with our market abuse team and you can read more about our work in this area, including how to make additional direct reports with any further concerns you may have here. We appreciate members of the public raising their concerns with us, because this can be a valuable source of intelligence.
Please be aware that I won’t be able to provide you with any feedback on how we have followed up the information you have given us. I appreciate this can be frustrating, this is because much of our work is covered by legal and policy restrictions and you can read more about information we can share here. We may, however, contact you if we need further information.
Thank you once again for taking the time to bring this matter to our attention. If you need to speak to us further on this matter, have any other questions for the FCA, or have more information to share with us then please don’t hesitate to contact us again and please quote the following number, to ensure we can link all your correspondence to the correct reference number. Your reference number is [207851574].
I trust this information is helpful and wish you the best going forward.
To help us improve our service, I’m interested in finding out about your experience with the Supervision Hub today. I’ll send you a link to a survey and I’d appreciate it if you could take a few moments to share your feedback on the service you’ve received from me.
Yours sincerely