Financial Deontology

The financial deontology consists for the professionals of finance with not:

to use with their profit of not yet known privileged information of the public,
to give the public or to customers of voluntarily erroneous information or to hide important information to him,
to handle the courses on the market,
to benefit or make benefit certain customers from variations from courses created artificially,
to practice discriminations between customers in the case for example of credit, on the basis of
, unjustified criterion to take expenses not proportioned with the nature of the services brought,
to advise their customers while making prevail interest of the customers on the profits of the financial company for which they work (or their characteristic commission)
to take for the customers of the ill-considered risks, to even assemble obviously dangerous systems (pyramidal saving for example)
to multiply the transactions with a simple aim of inflating the perceived commissions
and of course of practicing money laundering, embezzlements and other frauds and swindles.
etc

Financial monitoring

MFA in France and the SEC in the USA are charged to take care of the regularity of information as regards the operations on titles and the financial markets. In addition the civil and penal courts can apply sanctions in the event of detrimental irregularities.

See too

Control of the financial markets
Ethical Code of conduct
Ethical of data processing
stock exchange Handling

External bond

ethical Cercle of the businesses
Several codes of conduct were written by the professionals in particular to prevent the situations of abuse market and conflict of interest (as regards financial analysis). They are accessible on fbf.fr

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