U.K. Structured Product Sales Defy Warnings, Fines

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U.K. Structured Product Sales Defy Warnings, Fines

Sales of structured products in the U.K. surged in the first two months of 2012 to GBP1.3 billion (USD2.03 billion), compared with GBP900 million over the same period last year, despite warnings about their complexity from the Financial Services Authority, and FSA fines imposed on advisers.

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