[citation needed] In 2004â05 the FSA was actively involved in crackdowns against financial advice firms who were involved in the selling of split-cap investment trusts and precipice bonds, with some success in restoring public confidence.
Ascot is a racecourse for horses in the town of Ascot in Berkshire, England. The most famous horse race that takes place there is undoubtedly Royal Ascot. Founded by Queen Anne, the inaugural Royal Ascot horse race took place on 11th August 1711.
It was around the time that the first Royal Ascot Gold Cup was run that the tradition of Royal Ascot Ladies Day took root. During this period Beau Brummel, a close friend of the Prince Regent, advised him that it would be appropriate for men to wear black suits and waistcoats along with white cravats.