Submitted on Friday 2nd December 2011
Published on Monday 5th December 2011
Current status: Closed
Closed: Wednesday 5th December 2012
Signatures: 78
Inappropriate comment by the Financial Services Authority over Life Settlement Funds.
Inappropriate comments by FSA officials on the subject of Life Settlement Funds (being "toxic") has directly led to the suspension of one fund, and the destruction of good investments along with the bad, as investors now regard all such funds as untouchable. The FSA and its officials should be held accountable for such "market manipulation" which does not meet its objective of maintaining investor protection or confidence in the markets.
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