Fin­nCap calls for Brexit re­think on fundrais­ing

The Daily Telegraph - Business - - Business -

The boss of stock­bro­ker Fin­nCap has called on the Gov­ern­ment to use Brexit to re­lax rules that lock or­di­nary in­vestors out of com­pany fundrais­ings. Euro­pean Union rules re­strict the amount of cash that listed com­pa­nies can raise from re­tail in­vestors to €8m (£7m) un­less they pro­duce a prospec­tus doc­u­ment, which can be an ex­pen­sive and time-con­sum­ing process.

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