Identifying and protecting client money should be at the top of every firm’s agenda, says UK regulator
Changes would limit losses to certain clients when an investment firm fails
Clients being sold products they don’t need due to industry compensation schemes
FSA proposes ban on marketing “Unregulated Collective Investment Schemes” to retail investors
British regulator notes that the total size of funds it surveyed remains modest in most markets
Committee calls on the FSA to continue investigating other banks for possible LIBOR-rigging
Former investment banker, wife to pay $2.4 million
FSA’s proposed changes to the FSCS funding model aim to offer firms more certainty in the level of fees they pay
FSA extends sales probe to seven more banks
FSA secures court order against Sinaloa Gold