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Inappropriate comment by the Financial Services Authority over Life Settlement Funds.

Submitted on Friday 2nd December 2011

Published on Monday 5th December 2011

Current status: Closed

Closed: Wednesday 5th December 2012

Signatures: 78

Petition Action

Inappropriate comment by the Financial Services Authority over Life Settlement Funds.

Additional Information

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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