Securities and Futures Authority Ltd

Securities and Futures Authority Ltd
= SFA
The Self-Regulating Organization formed from the merger of The Securities Association Ltd (TSA) and the Association of Futures Brokers and Dealers Ltd (AFBD) in April 1991. It was responsible for regulating the conduct of brokers and dealers in securities, options, and futures, including most of those on the London Stock Exchange and the London International Financial Futures and Options Exchange Its responsibilities were taken over by the Financial Services Authority in December 2001.

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