Manufacturers of financial products must specify a target market of end clients for whom the products are intended
Under the MoU, the two regulators will share information about investigations and disciplinary activity and may also undertake joint investigations
The SRO will also look at regulation of robo-advisors and continue to focus on increasing its enforcements efforts
Chinese companies on the rise
A handful of regional banks are best suited to take advantage
The German and U.K. divisions of Moody’s Investors Service breached rules governing credit rating agencies
Fitzpatrick replaces Terence Lui, who remains with LOGiQ as vice president and general counsel
The deal is expected to close later this year
Dispute over BIS may threaten creation of national regulator
The emergence of new competitors, such as robo-advisors, combined with the impact of increased regulation and shifts at both the client level and within the advisor population, have led to a drop in average AUM and productivity