Rahman Ravelli's Syed Rahman was recently asked by Law360 to comment on a piece looking closely at the ongoing Minibond scandal surrounding the collapse of London Capital and Finance, which left thousands of investors facing huge losses.
Syed argued that the response of the Financial Conduct Authority to the scandal should be considered one of its worst failures in recent years. A significant amount of investor funds went into the bonds offered and it is right that there should be an independent investigation into such regulatory failure.
His comments can be read here. (subscription required).
