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Wednesday, April 10, 2013

UK watchdog signals new onus on sellers in finance rules

Britain's new watchdog announced sweeping changes in financial regulation on Tuesday, telling banks they can no longer blame customers when products go wrong and promising to study how consumers behave to make sure they can make the right decisions.

http://www.reuters.com/article/2013/04/10/britain-fca-wheatley-idUSL5N0CX1GV20130410?feedType=RSS&feedName=governmentFilingsNews

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