MFA Letter to Bank of England Regarding Systemic and industry risk inherent in the currently proposed approach to the Administration of Lehman Brothers International (Europe)

MFA sent a letter to the Governor of the Bank of England stating that MFA and its members are extremely concerned that the Administrators of LBIE are setting out on a proposed course of action that threatens to undermine market confidence and liquidity with consequential damage to both the alternative investment industry and the global capital markets.