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Do you think the segregation of funds provisions in the Financial Markets Act sufficiently protects clients when financial service providers are dealing with their funds?

Do you think the segregation of funds provisions in the Financial Markets Act sufficiently protects clients when financial service providers are dealing with their funds? Please provide an explain the reason behind the answer.

Discussion criteria:

  • The discussion of section 21 and 22 in the Financial Markets Act.
  • Explanation of whether you think the sections discussed are sufficient.
  • Application of the section.

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