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1551686527869941200
Mon, 2019-03-04 07:59
LONDON: Britain’s markets watchdog said it may ban some methods used by brokers to reward car dealers that end up costing an estimated 560,000 customers about $400 million (£300 million) a year.
The Financial Conduct Authority said it found widespread use of commission models that allow brokers discretion to set the customer interest rate and thus earn higher commission.
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