
Regulation
AFAs have to disclose remuneration, but not RFAs
Tuesday 9th of November 2010
Securities Commission director supervision Angus Dale-Jones says the core legislation in the Financial Advisers Act (FAA) allowed for prescribed fees disclosure for RFAs, but it didn't go that far in its decision.
AFAs however, have to provide comprehensive fees and commission disclosure with the prescribed form saying:
"I am required to tell you the specific fees, commissions, ex...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.
3 min read
2 min read
Latest News
3 min read
2 min read
3 min read
3 min read
2 min read
2 min read
Latest Comments