FSA starts conflicts-of-interest countdown
This time last year, brokers awaited the switch-on of regulation under the Financial Services Author...
This time last year, brokers awaited the switch-on of regulation under the Financial Services Authority and the fallout from Eliot Spitzer's crusade in the US. One year on, while still awaiting comprehensive feedback from Arrow visits, the roots of a recently sent 'dear CEO' letter on conflicts of interest from the FSA can be traced back to Spitzer. The regulator had little choice but to take up the concerns raised by Spitzer and this letter is the result. The fact that it was published in the
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