Straighten me out on this one, folks.
A man and some friend on a train from Dublin to Kerry, converse inter alia on their financial investments, comparative performance of the latter and so on.
When the friend goes to the refreshments' carriage for some tea, a bloke in a seat across the aisle from them, comes across to the man and - in reference to some of the better-performing investments that they had been discussing and to which he'd been eavesdropping - asks the man if he would advise him to buy into such investments.
Is the man breaking the law or some FRA regulation if he advises a member of the public on such a financial investment (say an investment ~ €10,000 is involved) ?
A man and some friend on a train from Dublin to Kerry, converse inter alia on their financial investments, comparative performance of the latter and so on.
When the friend goes to the refreshments' carriage for some tea, a bloke in a seat across the aisle from them, comes across to the man and - in reference to some of the better-performing investments that they had been discussing and to which he'd been eavesdropping - asks the man if he would advise him to buy into such investments.
Is the man breaking the law or some FRA regulation if he advises a member of the public on such a financial investment (say an investment ~ €10,000 is involved) ?