HK SFC suspends unlisted Lehman Brothers structured products

- Richard Jory/Matt Cameron
- 16 Sep 2008

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“We have been in touch with the trustee group that holds the assets underlying these products to obtain confirmation that the assets are properly ring fenced and that the trustees are acting in the best interests of the investors of such products,” said the SFC.

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HK SFC suspends unlisted Lehman Brothers structured products

Lehman Brothers Asia has suspended the provision of secondary market quotes or liquidity for Lehman Brothers unlisted structured products “pending further announcement”, said the Hong Kong Securities & Futures Commission in a statement released after the close of today’s trading.

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