The Monetary Authority has referred another 17 cases involving complaints of alleged misconduct regarding Lehman Brothers-related investment products to the Securities & Futures Commission, for it to decide whether to take further action.

This fifth batch of cases referred involves two licensed banks' alleged misconduct. The authority has referred a total of 113 cases to the commission since October 17.

Up to November 13, the authority had received 16,697 complaints concerning Lehman-Brothers-related products. Apart from the cases referred to the commission so far, the authority has formally opened investigations into 1,388 complaints and is seeking more information on 4,134 complaints.