The boss of online investment platform SyndicateRoom has welcomed news that regulator FCA (Financial Conduct Authority) is proposing reforms to make the IPO (initial public offering) process  more transparent for investors.

An IPO is where firms list on the stock market and a new consultation paper from the regulator considers measures intended to improve the range and quality of information available.

"IPOs are the life-blood of the capital markets and giving access to a wider range of investors, both institutional and retail, is crucial to the long-term health of the UK's economy and its underlying companies," said Gonçalo de Vasconcelos, chief executive and co-founder of SyndicateRoom.

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