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Orrick - Finance 20/20

FSA Fines UBS £9.45 Million for Failings in AIG Fund Sales

Orrick - Finance 20/20 on

On February 12, the FSA published a final notice issued to UBS AG, setting out a fine of £9.45 million in respect of failings identified in its sale of the AIG Enhanced Variable Rate Fund (the Fund). Having reviewed sales of...more

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