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UK regulator should face inquiry over Woodford scandal, say lawmakers

By Martin Coyle and Phoebe Seers ( March 25, 2025, 10:40 GMT | Insight) -- UK lawmakers have called for an inquiry into the financial regulator’s handling of the Woodford scandal, which saw hundreds of thousands of investors lose millions of pounds through star stock picker Neil Woodford. At its peak, his fund managed billions of pounds. The fund, marketed as low risk, had pivoted to risky tech investments leading to massive losses. The Financial Conduct Authority has faced criticism over its handling of the scandal. UK lawmakers have called for an inquiry into the financial regulator’s handling of the Woodford scandal, which saw hundreds of thousands of investors lose millions of pounds....

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