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Written question asked by Lord Steel of Aikwood , in the House of Commons. It was due for an answer on Monday, 22 May 1995. It was answered by Anthony Nelson (Conservative) on Monday, 22 May 1995 on behalf of the Treasury.


Treasury

Question
If he will comment on the implications for compensation of investors who have been improperly advised by a firm of its takeover by another;What plans he has for compensation to be paid to investors wrongly advised by financial investors wrongly advised before the coming into force of the Financial Services Act 1986.

Secondary information

Type
Written question
Reference
260 c466W
Session
1994-95
Subjects
Compensation Consumers Investment Financial services Protection Takeovers
Legislation
Financial Services Act 1986