FinaCom Adds Voice Risk Disclosure to Membership ‎Requirements

[kreslik.news]

The Financial Commission (FinaCom PLC), an industry-specific dispute resolution service that caters to the financial services industry, has added a new voice risk disclosure requirement to protect investors from being misled.

In the drive to improve investor confidence in the Commission’s role, the enhanced disclosure requirement has revisited and updated the principles outlined in its Rule 6.2 of Membership Rules and Guidelines.

Pointing out that the self-regulator’s rules place responsibility on each member to notify traders about risks associated with advisory service, FinaCom has developed additional voluntary financial risk disclosure to ensure that such risks are reflected in the broker members’ statements.

Since ... (read more)