FSA To Take Action Against Firms Post Lehman Review
87 minutes ago - Dow Jones News
Related Companies
Symbol Last %Chg
LEHMQ 0.103 -5.07%
As of 2:16 PM ET 9/11/09
LONDON -(Dow Jones)- The Financial Services Authority, or FSA, and Financial Ombudsman Service said Friday that they will will be taking action against firms after they have conducted their review of Lehman-Backed Structured Products.
MAIN FACTS:
-The FSA will report back on the outcomes of its review in more detail in October but confirms that it will be taking action against firms as a result of the findings of the review.
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com
(END) Dow Jones Newswires
09-11-09 1250ET
Copyright (c) 2009 Dow Jones & Company, Inc.