The FSA has sent out written warnings to 38,000 investors whose details were discovered on a 'master list' used by boiler room fraudsters.
The US Securities and Exchange Commission (SEC) has put in place new stock trading restrictions to prevent a repeat of the Dow's dramatic plunge earlier this month.
The FSA is taking a hardline approach after finding weaknesses in five banks' handling of customer complaints.
The FSA has fined Credit Suisse £2.5m - reduced to £1.75m due to early settlement - for failing to submit accurate transaction reports.
Fidelity UK managing director Gary Shaughnessy has urged the industry to focus on the implementation phase of the RDR to ensure costs are kept down and advisers emerge better equipped to deal with the UK's savings gap.
The adoption of Ucits III by absolute return managers has coincided with a period when confidence in offshore investment funds has never been lower, writes Merchant Capital's George Cadbury.
Schroders is eyeing the addition of enhanced index-based products to its retail range in preparation for an expected increase in passive fund use post-RDR.
Welcome to Investment Week's quick-fire guide to yesterday's RDR developments.
Cofunds chief executive Brett Williams believes proposed changes to platform remuneration is likely to lead to increased costs and heightened adviser confusion.