FSA to investigate share trading
The FSA has confirmed it wil be investigating the trading in UK financial shares in recent days.
Managing director, wholesale and institutional markets, Sally Dewar, said: “There has been a series of completely unfounded rumours about UK financial institutions in the London market over the last few days, sometimes accompanied by short-selling. We will not tolerate market participants taking advantage of the current market conditions to commit abuse by spreading false rumours and dealing on the back of them.
“We remind market participants of the need to take extra care, in this market climate, to adhere to the market code of conduct.”
I think this may be referring to the Halifax Bank of Scotland rumours reported in the news yesterday…
$1500 In Your Bank By Morning
We prefer bad credit! Easiest approval available. Pay back over time.
www.CashAdvanceBlvd.com
0% Apr Credit Cards, Apply Today
Top 0 Apr Credit Cards. Top Rated. Lowest APR. Bad Credit OK.
www.onlinecreditsource.us
Get Fast Cash Now
Get up to $1500 in 1 Hour. Fast & Easy Application. No Credit Checks.
payday-loan-in-minutes.com
March 25th, 2008 at 4:44 pm
[…] Then last Wednesday rumours spread that HBOS was in trouble and the bank had gone to the Bank of England to secure additional funding. See the blog; http://www.thefinancialblog.co.uk/fsa-to-investigate-share-trading […]