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Scotsman reports on FSA investigations into hedging and swaps

Posted on May 06, 2012 by  | 0 Comments

article in the Scotsman today reporting that the FSA is at long last planning to investigate the issue of the mis-selling of swaps and other hedging products to small businesses – although the investigation at present is limited to the FSA asking the UK major clearing banks for further information in order to consider whether a more in-depth investigation. Progress? Time will tell but it seems a somewhat lukewarm response to the growing pressure on the FSA to take decisive action.  

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