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Lack of Legal Safeguards for Investors when Buying Financial Investment Products: The Need for Legal Reforms in Hong Kong.
- Source :
- Journal of International Banking Law & Regulation; 2015, Vol. 30 Issue 5, p267-275, 9p
- Publication Year :
- 2015
-
Abstract
- The article discusses a lack of legal safeguards for investors who are involved in purchases of financial investment products, and it mentions the need for legal reform measures in Hong Kong, China. According to the article, the collapse of the Lehman Brothers Holdings Inc. financial company impacted tens of thousands of retail investors in Hong Kong, China. A legal duty to act in the best interests of a client is mentioned, along with
Details
- Language :
- English
- ISSN :
- 17426812
- Volume :
- 30
- Issue :
- 5
- Database :
- Supplemental Index
- Journal :
- Journal of International Banking Law & Regulation
- Publication Type :
- Academic Journal
- Accession number :
- 102243692