Sentences with phrase «regulator said the product»

The insurance regulator said the product may be offered both as individual policy and on group insurance basis and would have a free look option as outlined in the regulation.

The regulator said the product could be offered both to individuals and groups.

Not exact matches

The regulator said: «Regardless of the medium in which an advertising or promotional message is disseminated, deception occurs when consumers acting reasonably under the circumstances are misled about its nature or source, and such misleading impression is likely to affect their decisions or conduct regarding the advertised product.»

The regulator said https://bit.ly/2qUJYff it had issued 40 warning letters to retailers, including multiple 7 - Eleven stores, for violations regarding illegal sales of Juul products, after uncovering violations through compliance checks since the beginning of March.

The FDA also said eBay Inc removed several listings of Juul products after the regulator raised concerns.

But he said regulators need to put new rules in place around highly risky products, and get to the bottom of whether there's been any wrongdoing concerning the VIX itself.

The hype, he said, is the problem: Excitement can build up around a company long before a regulator like the FDA denies approval to a product or slaps the firm for overly bold marketing claims or improper lab protocols.

Herbalife will fail because increased transparency about its practices, due to scrutiny from Ackman and regulators, has made it harder for the company to recruit distributors for its products, Ackman said.

Munger also says it's time for regulators to «let up» on Wells Fargo, which has struggled to overcome criticism of several product sales scandals and its attempts to repay customers.

«The twitter feed of @AfueraHerbaLIES contains not only defamatory, disparaging, and deceptive posts about Herbalife and its products,» said the company in its filing, «but also contains numerous insulting and offensive statements about Herbalife's management team, its members, and even federal regulators.»

Bernstein's Bruno Monteyne said that if regulators included discounters - which sell a much smaller range of products - in their assessment of major competitors for the new group, it might only have to sell about 8 percent of stores.

The offer might prove too tempting to someone who might otherwise never take out an auto - title loan, said the regulator in a bulletin to lenders: «This business model could also be perceived as a deceptive practice because it appears calculated to bring the consumer into the store with the promise of one product, but later effectively requires the consumer to go to another location to purchase another product.»

«The FDA has been conducting a large - scale, undercover nationwide blitz to crack down on the sale of e-cigarettes specifically JUUL products to minors at both brick - and - mortar and online retailers,» the regulator said.

This week, the insurance regulator said it was barring Anbang from selling two of its investment products.

Antitrust regulators are also reviewing craft brewers» claims that AB InBev pushes some independent distributors to only carry the company's products and end their ties with the craft industry, two of the sources said, noting that the investigation was in its early stages.

Although blockchain projects are moving from proof of concept, to «minimum viable products,» Grosemans says mass adoption requires alignment of protocols and regulators.

The drink has run into some problems, including a recent ban in Canada, where regulators said it does not meet all the specific requirements for meal - replacement products.

«In light of the CFTC and the [National Futures Association]'s public statements regarding the riskiness of the underlying cryptocurrency products, we believe that the launch of new exchange - traded derivatives in cryptocurrencies deserves a healthy dialogue between regulators, exchanges, clearinghouses and the clearing firms who will be absorbing the risk of these volatile, emerging instruments during a default,» Lukken said.

It also suggested credit providers were becoming more picky about who they would lend credit to at a time of regulator - driven curbs that have seen commercial lenders increasingly raise costs for borrowers on investment loan products such as interest - only loans, Mr Shilbury said.

Vanguard is on track to more than double the size of its Shanghai office this year and may seek approval to sell products to wealthy investors as a first step before seeking a foreign - owned mutual fund license when regulators allow it in 2021, said Charles Lin, the firm's China head.

Regulators in North Carolina Jan. 11 ordered BitConnect to stop selling its products, and said the company targeted «persons of limited financial means, and unsophisticated investors» who would suffer particular hardship if their investments went down the drain.

Woolworths conspired with laundry detergent manufacturers to replace old products with new products on the same «D - Day» so Australian consumers paid more for detergent than New Zealanders, says the competition regulator.

«All [regulators] currently do is test the first five samples of a product and companies know that and just make sure the first batches are clean,» she said.

Johnson & Johnson has responded by saying that the formaldehyde - releasing preservatives in the products are safe, citing the approval US regulators and those in other countries.

One challenge regulators will face is finding jurisdiction under existing statutes to regulate the diverse range of anticipated biotech products, the report says.

As an example, he said, government regulators can only control the producers whose products cause environmental problems in Indonesia.

California regulators have requested new plug - in hybrids be equipped with the technology, and Mitsubishi is working with them to comply, said Tetsuya Tobe, manager of product planning.

Of special concern is that securities and insurance regulators have reported an increase in unsuitable sales of variable products to older investors, who experts say should generally stick to low - risk, low - or no - fee financial products instead of those with potentially high risks and fees.

Feds fine Chase, order $ 309 million refund for credit card add - ons — The megabank took the money for, but did not deliver, the credit monitoring add - on product it sold to its credit card customers, federal regulators say... (See Chase refund)

Banks making refunds for add - on products — Fifth Third bank agreed to refund some $ 3 million to about 24,500 customers for debt protection coverage that regulators say was marketed falsely... (See Add - on marketing refunds)

This article quotes the president of Genworth Financial, Inc., a large seller of long term care insurance, as saying that the companies should never have priced the products as they did, and that the regulators should never have allowed it.

Though there is no official communication, the regulator is not encouraging any products where the premium tenure is less than five years,» said a senior official at a life insurance company.

Brokers said that despite positive factors like a further rise in industrial growth, trading sentiment dampened as market regulator SEBI barred 14 life insurance companies from issuing unit - linked insurance products.

Finance Minister Pranab Mukherjee said his ministry will not intervene in the autonomy of regulators, amid reservations expressed by the Reserve Bank over the recent Ordinance on Unit - Linked Insurance Ulip products.

A CEO of an insurance company, who did not wish to be named, said, «The regulator has, in the past, raised its concern on insurance companies pushing their products by offering higher commissions to the dealerships and the issue will be taken up in the upcoming meeting of the council.»

Besides, the regulator wanted that the pension plans should not erode the savings of the subscriber and offer non-zero positive returns, HDFC Life vice president (strategy and product) Sanjay Tiwari said here.

The regulator has said for products approved under the February 2013 traditional product regulations, a certificate of compliance would have to be submitted to Irda, provided there was no change in benefits, premiums or charges levied.

We have started training our agents after our products got approved by the regulator two days ago,» said Bajaj Allianz Life Insurance Managing Director and Chief Executive Officer Kamesh Goyal.

In Canada, regulators have said that ICOs may be treated as securities and that products linked to cryptocurrencies should be considered high - risk.

«Before you get into mainstream [exchange - traded products], we need to get through a series of settlements before that makes sense to regulators,» Tilly was quoted as saying, adding:

Speaking to reporters, CEO Ed Tilly said that the process could lead to something like an ETF - a long - sought product - but only if regulators are firmly on board.

Industry regulator says it will step in if the offer or issue of digital tokens involved products regulated under the country's Securities and Futures Act, following recent launches involving real estate.