January 6, 2021 @ 11:57 pm By JD Alois Financial Conduct Authority (FCA) may undermine the viability of the investment crowdfunding industry. Comments on the process closed on December 15, 2020. The consultation was instituted because the FCA believes “there are some areas where we think it is not working as well as it should and where change is needed.” The FCA notes the need to balance freedom of choice with investor protection while fostering innovation and competition. “We will use the responses to this Call for Input in putting forward a regulatory framework that enables us to realise our ambition in the Consumer Investments market.”