Lehman delays cast a cloud over structured sector

August 2009
Money Marketing;8/20/2009, p21
In this article, the author discusses in the impact on the move of the Financial Services Authority (FSA) for the Financial Ombudsman Service to defer consideration of complaints about Lehman Brothers-backed structured products in Great Britain. He states that the industry must need to know the regulator will be effective in dealing with the matter to ensure consumer confidence is not damaged. He adds that clear direction from the FSA is needed urgently.


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