The FSA is investigating allegations of collusive behaviour by the authorised investment managers of...
The FSA is investigating allegations of collusive behaviour by the authorised investment managers of a number of split capital investment trusts. The FSA said the further research it was undertaking could potentially reveal a breach in the principles of the Code of Market Conduct of Principles for Business. The move comes as it has issued a discussion paper inviting views on how split capital investment trusts should be regulated, something that could ultimately result, the FSA has warned, in a change to the listing rules for split caps, designed to increase disclosure. The focus of the...
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