Halliday Financial: UK FSA best for structured products advice
Halliday Financial, a US financial advisory firm, went to the UK Financial Services Authority (FSA) for information on how to establish its new structured products business.
While it also spoke to the US Financial Industry Regulatory Authority (Finra) and found the Securities and Exchange Commission (SEC) responsive, FSA guidance proved to be the most comprehensive for building the new platform.
The FSA has been updating advice on sales processes following the losses caused by the insolvency of
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