Thursday, October 6, 2005

How To Raise Brazilian Turtle

Transparency

Cirio Following the event I think everyone will remember, there are many judgments which have followed on the subject, and specifically what happened, and both in terms of less direct effects, such as that of transparency.

private When I want to buy bonds, shares etc.. I have the right to be properly informed by Consob (the body that in theory - I say theory because in view of the crack do not know how to do it - it must supervise the securities listed regulated markets) pursuant to art. Regulation 29 of the same institution, or from my bank / financial advisor. There are indeed many indicators (usually a prospectus and rating in the case of bonds) that can and must help the investor in its assessment of acquisition.

In this regard, I read up (a kind of abstract full text) of a ruling that would like to share Blog to hear your opinion on a more general question:

Court of Trani, June 7, 2005.
...

It is possible that the activity of tax information to the intermediary art. 29 reg. Consob must necessarily take the form of a document completed by the customer (in this case it was considered that the bank had provided this information based on dicituara printed on the same purchase order if they gave note that the client was fully informed about the nature , risks and implications of the transaction reported in the order and have asked that implementation in autonomy).

If I understand you mean that you must receive a written document containing the various instructions and information as well as any risks, but there is, and that's okay, just a word that refers to something that the agent should explained to me.
So, to have some 'transparency must hope that our party is not in a hurry when he is talking to us, or who has not had a fight with his wife and who is willing to spend some time with us to explain everything right .
Maybe even a piece of paper written would be useless if people do not read it, but would certainly be better than to hope for factors like the weather or the mood of the people ...

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