CF1 10.0% 2.2¢ complii fintech solutions ltd

I just want to set the record straight. SOAs do not need lawyer...

  1. 93 Posts.
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    I just want to set the record straight. SOAs do not need lawyer approval, I dont know of any financial planners who have every SOA checked by a lawyer, so I doubt Dover do. And if they do their compliance costs would be highest in thd industry, so margins would be poor. Perhaps they should sack the 3 lawyers and engage IAM services. SOAs are based on templates which are approved by lawyers to ensure the fine print is compliant. Sure they are "individualised" but the individualisation is mainly limited to facts, goals and risk assessment. Nothing that thr right algorithm couldnt produce. I can understand that many out there dont understand the industry or the tech, but I do, and I would urge all investors to hold at worst because this will be the stock you will regret for the rest of your life if you dont have the foresight.
 
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