Rule-breakers will face full force of FSA
Stephen Bland, acting director of the Financial Services Authority's (FSA) small business division u...
Stephen Bland, acting director of the Financial Services Authority's (FSA) small business division used the podium at last month's Biba conference to pledge a vigorous crackdown on brokers that flout the regulatory rules.
However, he also conceded that most small brokers won't have a day-to-day relationship with the FSA nor should they expect a visit on a regular basis.
Mr Bland outlined a catalogue of violations the regulator had already detected, and warned intermediaries they faced "tough"
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