17 June 2013

Mis-selling

I have a small piece on mis-selling in today's Business Standard. I believe blaming the victim (the investor) is the easy and wrong way. Capping commissions on some products which make them toxic to investors but very attractive to agents will be a major step in the right direction. The other (still small) step has been taken with the investment adviser regulations of SEBI.

1 comment:

Tyrion Stark said...

I read your article in Business Today and I congratulate you for doing a great job. I also think that "mis-selling" is a just polite term for out and out fraud. Interesting read!

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