I found the following article interesting http://www.moneymarketing.co.uk/regulation/spreadbetting-firm-placed-in-special-administration-by-fsa/1048199.article I hope the FSA is sitting on the creditors committee and will be punctilious in scrutinising the administrators and the information available. I have said it before and I will say it again, the FSMA 2000 specifically makes the FSA responsible for overseeing regulated entities and individuals. I hope they will not shirk as they have in the past, by saying such matters as an Administration fall under the legislation like the Insolvency Act 1986, and therefore have nothing to do with them.rnrnThis information is intended to provide a general review of certain topics and its purpose is to inform but not to recommend or support any specific investment or course of action.rn
