Investment advice disclosure: intermediaries must reveal direct or indirect interests when giving public recommendations. Intermediaries and their directors, officers, employees and key management personnel must disclose any direct or indirect interest, including long or short positions, when rendering investment advice in publicly accessible media. Intermediaries must ensure disclosure of the advisor's interest, dependent family members' interests and the employer's interest, and must not recommend transactions to clients who may rely on the recommendation unless they have reasonable grounds to believe the recommendation is suitable.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Investment advice disclosure: intermediaries must reveal direct or indirect interests when giving public recommendations.
Intermediaries and their directors, officers, employees and key management personnel must disclose any direct or indirect interest, including long or short positions, when rendering investment advice in publicly accessible media. Intermediaries must ensure disclosure of the advisor's interest, dependent family members' interests and the employer's interest, and must not recommend transactions to clients who may rely on the recommendation unless they have reasonable grounds to believe the recommendation is suitable.
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