The Singapore government requires financial advisors to disclose all material information, including risks and returns, fees and charges, as well as restrictions on withdrawal. What does such regulation aim to achieve?
A) Regulation of conduct and disclosure.
B) To protect consumers from financial advisors selling excessively risky products that do not fit the consumer's risk profile.
C) a and b.
D) Neither a nor b.
Correct Answer:
Verified
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