Financial services and markets tribunal rules on application of financial promotion regime

被引:0
|
作者
Gray, Joanna [1 ]
机构
[1] Newcastle Univ, Newcastle Upon Tyne, Tyne & Wear, England
关键词
Legal decisions; Tribunals;
D O I
10.1108/13581980810869832
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Purpose - The purpose of this paper is to describe the Financial Services and Markets Tribunal ruling on the application of the financial promotion regime, involving Fox Hayes v. Financial Services Authority. Design/methodology/approach - The paper outlines the facts surrounding the case and comments on the ruling. Findings - The Tribunal disagreed with the FSA that the applicant had acted negligently or recklessly. Originality/value - The paper highlights the lack of clarity and guidance on the part of the FSA as to exactly which firms on its list of unauthorised firms it considered as "boiler rooms" and which it did not.
引用
收藏
页码:192 / 199
页数:8
相关论文
共 50 条
  • [31] Managing litigation and dispute risk in the financial services markets
    Sandler, Maria
    LAW AND FINANCIAL MARKETS REVIEW, 2010, 4 (02): : 166 - 169
  • [32] Convergence in Financial Services Markets: Effects on Insurance Regulation
    Wallison, Peter J.
    FUTURE OF INSURANCE REGULATION IN THE UNITED STATES, 2009, : 167 - 187
  • [33] Results of stochastic calculation and their application to financial markets
    Pratelli, M
    ASTERISQUE, 1996, (236) : 277 - 289
  • [34] Application of fractal properties in studies of financial markets
    Erokhin, Sergey
    Roshka, Olga
    INTERNATIONAL SCIENCE CONFERENCE SPBWOSCE-2017 BUSINESS TECHNOLOGIES FOR SUSTAINABLE URBAN DEVELOPMENT, 2018, 170
  • [35] Preface: application of operations research to financial markets
    Ioannis Kyriakou
    Athanasios A. Pantelous
    Georgios Sermpinis
    Stavros A. Zenios
    Annals of Operations Research, 2019, 282 : 1 - 2
  • [36] Preface: application of operations research to financial markets
    Kyriakou, Ioannis
    Pantelous, Athanasios A.
    Sermpinis, Georgios
    Zenios, Stavros A.
    ANNALS OF OPERATIONS RESEARCH, 2019, 282 (1-2) : 1 - 2
  • [37] APPLICATION OF ACCOUNTING RULES AND STANDARDS TO FINANCIAL STATEMENTS
    Greer, Howard C.
    ACCOUNTING REVIEW, 1938, 13 (04): : 333 - 345
  • [38] FINANCIAL MARKETS
    Galanova, Aleksandra Vladimirovna
    JOURNAL OF ECONOMIC SOCIOLOGY-EKONOMICHESKAYA SOTSIOLOGIYA, 2008, 9 (04): : 97 - 101
  • [39] Financial markets
    不详
    INSIDE A MODERN MACROECONOMETRIC MODEL, 1995, 428 : 241 - 258
  • [40] Financial markets
    Weber, M
    JAHRBUCHER FUR NATIONALOKONOMIE UND STATISTIK, 2000, 220 (05): : 621 - 628