Taipan

Night Bill. I enjoyed that. Am I now a real poster.

Ok sorry if I offended, I was just reading the thread and felt the need to show off, finished now anyway.

So they should go to the FSA and complain. It's not complicated, if the RST has misappropriated your money you need to complain to the FSA. The only thing I would add is that the company you invested in hasn't actually been struck off yet, have you queried the investment strategy with the CFTTB of the RST because the members did delegate investment responsibility to them?

Night night, love Mark (is he one of Fury's pals)? Are they the guys on the telly?

Before I go, Gersave is what? A scheme of the RST, so the difference is what? There needs to be an accountable entity yes? The entity accountable for Gersave is the RST yes? The RST is a mutual company registered with the FSA on the Mutuals Register yes? The rules are approved by the FSA yes? Homework? What planet are you on, you clearly do not understand the make up of entity. If you want to complain about RST conduct you need to go to the FSA and complain collectively about the actions of the members of the RST and its CFTTB. It conducts itself according the rules it lodges with the FSA. Actually only the members can complain.

Sorry - first post! I'll get the hang of the timing out.

Misspelled doodgie ha ha, I'm going to bed!

I take it I'm part of the miraculous appearance then? To be honest your comments on socialism in your footer make your abberation of community work quite clear.

I take it I'm one of the miraculous few. Your comments on socialism on your footer make your abberation of community movements quite clear to be honest.

My Bad. And your spelling is right dodgy!

No worries I've got another one just round the corner.

Regulated by what? The Financial Services & Markets Act 2005 - no it's not. All the questions your man asked are only pertinent to FSMA regulated firms. The RST are regulated by the I&PS Act.

Nope, going to get it valued and sell it to the co-op @ 10 x yield. Invest the money in a house at Barntongate.

Shucks thanks, I thought I was imparting some knowledge. Is Fury the guy on the telly?

3000 members day one mate! I know the queue to get out!

Directsharedeal (googled tits up) are (were) an FSA authorised sharedealer. Similar to Grant Thornton. The RST could give members monies to Grant Thornton to invest in ICI if the members gave authority to the CFTTB to doing so. You need to understand the legislation that regulates co-ops rather than corporate entities.

Awright.

Really I'm not being a smartass, it's a mutual company, check the FSA Mutuals Register, all your doing is making it easy for the RST to rise above you and ignore you because your questions are uninformed.

I'm starting the Albion Car Park Supporters Trust on Monday. Circa £250 to join. Membership cards to be shown on entry..

I know that 'client money' references are not relevant. You're questions are all based around 'client money' and 'statutory trusts' and to me that only demonstrates your ignorance of the law applicable to co-operatives.

And I'm a Flying Dutchman. Well googled Einstein.

I don't know the intricacies of the RST scheme but I do know that mutuals can appoint FSA regulated companies to invest their money.

More Captain Hendrik than Casper.

I expected better!

Sorry I'm not really a poster but your questions don't really make any sense. They're based around client money rules and they don't really apply. The fsma doesn't regulate supporter trusts.