gle
as you are no doubt aware things have been getting alot tougher and (unfortunately) i have been spending a great deal of time on issues other than just running the Spread Betting division. I feel that your comment is probably right on the button that my answers have been less 'direct' than in the past and i will attempt to do better in the future.
Part of the problem is that we are being squeezed by what we are actually allowed to say anymore. At what point does my comment become 'advise' and therefore illegal under the ever more stringent regulatory environment (or, indeed, some comment made in good faith might open LCG up to a dispute). The rules (for all of the reams of volumes written) seem to become ever more opaque and for those of you who attempt to read them there must be a feeling that plain english is not something that ever occurs to the writers. Or, if you were cynical like me, you would possibly speculate that lack of clarity is actually the aim as then the regulator can claim several 'different conclusions' out of the same sentence and therefore find you guilty no matter how you answer!
We now have to call in specialist firms to decipher the rules for us and even after this we are still not sure much of the time.
Simon