Regulatory Alerts2012-10-24
Added · Updated
Circular Issued by the Securities and Futures Commission Regarding Report on the Thematic Inspection of Selling Practices of Licensed Corporations
The Securities and Futures Commission issued this circular to report on a thematic inspection of selling practices conducted among licensed corporations. The regulator identified specific deficiencies in how these firms market and sell investment products to clients. This document serves to highlight these operational shortcomings and implies the need for improved compliance standards within the industry.
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