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Regulation prepares advisers for ‘new normal’
Tuesday 22nd of January 2013
DLA Phillips Fox partner Tracey Cross said the Financial Advisers Act was a "new world" for financial advisers that had come at a cost.
But she said it had taught them important lessons about how to deal with regulation and interact with regulators.
"The Financial Advisers Act has put them in a new world; it gets them in a different mind-set. They might not like having to de...
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