Nearly half of financial services professionals (49 per cent) globally do not believe that any regulator has managed to strike the right balance between protecting investors and underpinning growth, according to a survey by Kinetic Partners.
Legal & Regulation
The Financial Industry Regulatory Authority (FINRA) has ordered Atlanta-based broker-dealer JP Turner & Company to pay USD707,559 in restitution to 84 customers for sales of unsuitable leveraged and inverse exchange-traded funds and for excessive mutual fund switches.
Exchange-traded fund (ETF) promoters are more supportive of regulation than last year, according to EY's recent survey, Global ETF survey: A new era of growth and innovation.
The financial services industry is failing to adopt voluntary standards crucial to rebuilding trust in banking, despite overwhelming support from those working in the sector, according to a report.
The European Securities and Markets Authority (ESMA) has published a Discussion Paper setting out its initial views on the implementing measures it will have to develop for the new Market Abuse Regulation (MAR).
Steven Ferrigno (pictured), Managing Director EMEA for Allegro Development Corporation, comments on Monday’s announcement from the European Securities and Markets Authority (ESMA) regarding the reporting deadline for EMIR, the European Market Infrastructure Regulation regime…
Source is holding its next series of webinar courses to help investors continue and complete their required hours for Continuing Professional Development (CPD).
The Channel Islands Stock Exchange (CISX) is planning to restructure.
On Monday 14 October, the Channel Islands Stock Exchange (CISX) announced to members that certain of its historic activities have been under investigation by the Guernsey Financial Services Commission (GFSC).
The Channel Islands Stock Exchange (CISX) has for the last 20 months been subject to a Guernsey Financial Services Commission (GFSC) investigation into certain historic activities, according to CISX Chairman Jon Moulton.