[137A The FCA's general rules]
[137A The FCA's general rules]

[(1)     The FCA may make such rules applying to authorised persons—

(a)     with respect to the carrying on by them of regulated activities, or

(b)     with respect to the carrying on by them of activities which are not regulated activities,

as appear to the FCA to be necessary or expedient for the purpose of advancing one or more of its operational objectives.