New rules beef up disclosure, investor protections around shell company financings
Compliance review finds potential violations in 70% of firms' messages
The new requirements could surprise small businesses that aren't used to making these types of disclosures
Policymakers to implement consolidated tapes, ban payments for order flow
More than 100 financial firms have committed to the TNFD recommendations
FCA forms working group to enhance advisor expertise in sustainable investment
Regulators allege Axia Project misled investors with unregistered offering
Move aims to reduce the burden of printing and mailing disclosures to investors
New measures address the use of DSCs with existing contracts
The company's underwriters were dropped from the proposed class action