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Keyword: Suitability

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A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

Firm failed to oversee trading activity by a couple of its reps

Fraud

Leverage strategy deployed on the down low resulted in hefty financial losses

Client listening to a lawyer or advisor explaining issues

Group seeks revisions to U.S. state rule that match SEC's Reg BI reforms

new rules

Approval regime, proficiency are among areas covered in latest consultation

Computer with financial growth

Regulator details vision for retail funds that hold long-term assets

Stormy waters

Use these three steps to deal with clients who insist on unsuitable investments

Client listening to a lawyer or advisor explaining issues

Advisors should conduct independent analysis, educate clients, write detailed notes

  • By: Jonathan Got
  • September 30, 2024 September 30, 2024
  • 15:18
AI computer

OSC finds investors favour human-AI combo, no fear of AI advice

The Australian Coat of Arms in metal hangs on the glass wall of a building that reflects another high-rise across the street.

Poorly designed KYC questionnaires at the heart of recent enforcement actions

Yellow down arrows over a financial graph

Competition and regulation pressuring firms' margins, earnings