Regulation

Warning: Sleaze and bad regulation ahead

Sometimes it’s hard to tell what tarnishes the financial services industry more: the occasional criminal act by a broker, or the soft touch of regulators. A case from the U.S. illustrates this dual-responsibility.

By Staff |January 25, 2012

1 min read

Panel tosses $1.3 million client complaint

Merrill Lynch was handed a victory by a U.S. arbitration panel after expert witnesses testified the portfolio in question was diversified.

By Staff |January 18, 2012

1 min read

Regulator rejects client complaint

An arbitration panel convened by U.S. self regulator FINRA opted to strike from the record a complaint against a UBS trader who was alleged to have ignored client instructions, resulting in economic loss.

By Staff |January 17, 2012

1 min read

eData initiative update

Strong support from distributors and carriers is helping the eData initiative make giant strides towards its realization. The eData initiative is a cooperative effort between CLIEDIS member carriers, distributors and system and software providers to develop a process for e-transactions and straight-through processing, starting with new business. Scott Sinclair, COO, Transamerica and co-chair of the […]

By Vikram Barhat |June 22, 2010

3 min read