UK Regulator Ends Home REIT Probe
Britain's financial regulator has closed its two-year investigation into Home REIT without taking action. The company shares rose following the news, though a separate criminal probe by the Serious Fraud Office remains active.
United Kingdom's financial regulator closed a two-year investigation into Home REIT without taking enforcement action, boosting the company's shares 3.7% during the afternoon session. The decision marks a shift in oversight as the probe concludes. The closure comes as a separate criminal inquiry continues to examine the social housing firm's operations.
