1. The Financial Services Industry
... and market integrity. It also aimed to help customers better understand increasingly more complex financial products. The Financial Services Reform Act (FSRA) was passed in 2001 and commenced in 2002. It is Federal legislation introduced to bring various financial services and products under one licensing regime. It introduces a new disclosure regime for most financial products and establishes a standard ... of conduct for financial service providers with the aim of increasing the level of compliance and competency in the financial service industry. The regulatory framework covers a wide...
- Word Count: 1272
- Approx Pages: 5
- Has Bibliography
- Grade Level: Graduate