FSA to end Best Execution consultation in October

The Financial Services Authority in an effort to glean as many views as possible for its review of soft commissions and bundling is to extend the consultation period until the end of October. The invitation to make comments forms part of the authority's Best Execution paper to be published early next year. The reassessment forms part of the Myners review of institutional investment as well as within the framework of the Financial Services and Market Act. FSA Conduct of Business Standards director Michael Folger said: "The authority will be looking carefully at the regulatory aspects o...