HM Treasury (HMT) has today announced details of the independent investigation into the failed investment company London Capital & Finance (LC&F) to be commissioned by the Financial Conduct Authority (FCA), with non-transferable securities, such as mini bonds, also under the spotlight. HMT said in a statement that it has agreed to the appointment of Dame Elizabeth Gloster by the FCA to conduct the investigation. On Thursday March 28, the FCA board decided that there should be an investi...
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