There is clearly a need to specify which kinds of investment losses might be compensated, and which ones will not be. Given that the Financial Conduct Authority has outlawed the targeting of mini-bonds at retail investors, is that a clear indication that something was fundamentally flawed with all selling of those bonds, whether it was done by LCF, Blackmore Bond, or anybody else?
Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill
Proceeding contribution from
Peter Grant
(Scottish National Party)
in the House of Commons on Wednesday, 22 September 2021.
It occurred during Debate on bills on Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill.
Type
Proceeding contribution
Reference
701 c324
Session
2021-22
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2022-05-10 10:48:02 +0100
URI
http://hansard.intranet.data.parliament.uk/Commons/2021-09-22/21092231000038
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