High court rules customer who opted from private to intermediate customer status to have been contributorily negligent to his spread betting losses

Joanna Gray

Journal of Financial Regulation and Compliance, 2008, vol. 16, issue 4, 414-420

Abstract: Purpose - The article's aim is to report and comment on the High Court caseSpreadex Ltdv.Sekhon. Design/methodology/approach - The article outlines the facts surrounding the case and comments on the ruling. Findings - The High Court rules that a customer who opted from private to intermediate customer status was contributorily negligent to his spread betting losses. Originality/value - The article shows that there are many points in this decision where either what was revealed by the evidence or the Judge's comments and reasoning will echo beyond the parameters of the case itself.

Keywords: Legal decisions; Betting; Financial services (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:eme:jfrcpp:v:16:y:2008:i:4:p:414-420

DOI: 10.1108/13581980810918440

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