Violation Tracker UK Individual Case

Company: RSM Tenon Financial Services Limited
Current Parent Company: RSM Group
Penalty: £700,000
Year: 2010
Date: 24 February, 2010
Offence Group: financial offences
Offence Type: investor protection violation
Violation Description: Tenon paid a £700,000 fine in settlement of a finding by the FSA that the company treated customers unfairly by failing to have reasonable advice and sales processes relating to Lehman-backed structured investments.
Action Type: agency action
Settlement Type: settlement of FSA Decision
Agency: Financial Services Authority
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: privately held
Major Industry of Parent: business services
Specific Industry of Parent: accounting
Source of Data: (click here)