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UK compensation body to help some LCF mini-bond investors

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LONDON (Reuters) - Britain's financial industry compensation body said on Thursday it can only help 159 of a total 11,600 investors holding bonds issued by defunct investment firm London Capital & Finance.The Financial Services Compensation Scheme (FSCS) said it will protect 159 bondholders who switched from stocks and shares to the unregulated LCF bonds.The so-called "mini-bonds" were issued to..
Date Published: Jan 09, 2020
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