FSA pressed on timetable for Lehman inquiry

Stodell, Hannah
June 2009
Money Marketing;6/18/2009, p5
The article focuses on the call of structured product action group Spirit for the Financial Services Authority (FSA) to set a timeframe for its investigation into Lehman-backed products in Great Britain. It states Spirit founder Peter Howard invested £50,000 in a Lehman-backed plan through the National Development Finance Agency (NDFA). According to FSA, it has agreed to formally update the ombudsman on progress three months from May 2009.


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