Regulation

Lessons for the finance sector

Friday 8th of March 2013

It has released the following tips as part of its "Investigation Closure Report" into Credit SaILS.

Instead of prosecuting the companies involved the commission settled with them. The five companies agreeed to a $60 million settlement which means investors in Credit SaILS have the opportunity of getting around 85% of their capital back.

The five companies involved are; Forsyth Bar...

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