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IIB satisfied with FSA decision over commission disclosure

IIB director general, Andrew Paddick was pleased to hear that as a result of the CRA International report, commission disclosure by brokers to commercial clients will not be made mandatory by the regulator - for the time being.

Mr. Paddick said: “Our representations made to both CRA and FSA officials are reflected in the report and it is comforting to note that many of the problems which would result from a mandatory

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