SFC examines IA selling practices

Although not a witchhunt, regulator''s theme inspection points to flaws in the investment advisor market

Hong Kong's Securities and Futures Commission SFC has issued a report designed to enhance industry awareness of standards of investment advisors IAs and to reiterate the code of conduct for the selling of funds in the territory. Entitled the Report on Selling Practices of Licensed Investment Advisers, the SFC conducted a theme inspection of a mixed bag of 15 investment advisors to address the problem of misselling to customers and to study measures to enhance investor protection and industry transparency...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: sfc | examines | ia | selling | practices

Print Edition

FinanceAsia Print Edition

EVENTS