Wednesday, November 28, 2012

SFC aims to shield Hong Kong's retail investors





The Securities and Futures Commission will issue more proposals next year to prevent the misrepresentation of financial products to retail investors as part of its work with international financial regulators, according to SFC chief executive Ashley Alder.


Alder said finding ways to avoid so-called miss-selling of financial products to retail investors would be one of the major challenges facing global financial regulators next year.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1092539/sfc-aims-shield-hong-kongs-retail-investors

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