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Hong Kong regulators on defensive over minibonds.

Source :
AsiaLaw. Nov2008, p7-7. 1p.
Publication Year :
2008

Abstract

The article focuses on statements issued by the Hong Kong Securities and Futures Commission (SFC) in defense over accusations of a failure to monitor banks selling Lehman Brothers-linked minibonds. investors filed complaints of being misled over the risk of these minibonds, following the bankruptcy of Lehman. According to SFC chief executive Martin Wheatley, investors should have examined what they were purchasing.

Subjects

Subjects :
*FINANCIAL risk
*CORPORATE bonds

Details

Language :
English
ISSN :
10220267
Database :
Academic Search Index
Journal :
AsiaLaw
Publication Type :
Periodical
Accession number :
47179915