Ethical Sales

Ethical considerations when selling financial products

About your author: CryptoQuestion is an independent platform providing free resources for cryptocurrency investors. From an on-demand Q&A service to online courses to our podcast Essential Crypto — Beginner to Pro. Visit us at www.cryptoquestion.tech

On the wall of the sales floor in which I worked as an investment broker hung two posters.

Do

• Tell the truth
• Treat your client with respect
• Stick to the information in the sales document

Don’t

• Mis-sell
• Lie
• Exaggerate
• Swear

Whilst those well meaning posters were a sign the management team wished to run their business ethically the reality was different.

The reality led to the closure of the business and ultimately unpleasant fines and hefty restitution. That outcome could have been easily avoided.

This article looks at the ethical considerations when selling financial products. These…