Franke, Günter; Mosk, Thomas; Schnebel, Eberhard - 2016
Mis-selling by banks has occurred repeatedly in many nations over the last decade. While clients may benefit from … rise to mis-selling. Examples of mis-selling are mis-representation of information, overly complex product design and non …-customized advice. European regulators address the problem of mis-selling in the "Markets in Financial Instruments Directive" (MiFID) I …