The infractions committed by these financial representatives and their firms span a broad range, including misrepresenting investments, omitting facts, overtrading to generate commissions, unauthorized trading in client accounts, unsuitable recommendations, overconcentration in risky investments, breach of ethical duty and lack of management oversight.

FORBES: Thank Goodness for Index Funds

Revenue Scotland will be set up to ensure the "efficient" and "effective" care and management of the devolved taxes, including the replacement for stamp duty, while Registers of Scotland will collect land and buildings transaction tax.

BBC: MSPs debate changes to stamp duty on Scots properties

Considering how far within Railtrack the failings went, Judge Bright said that although there were very serious failings by Jarvis, "overall responsibility for the breach of duty lay with Railtrack at senior management level and their failures were significant and extensive".

BBC: Potters Bar crash: Network Rail fined ?3m

Ben Thornley: We were surprised to discover that, even within the constraints of fiduciary duty and the strictures of conventional portfolio management, US institutional asset owners have been very creative in finding ways to support regional economies and deliver the other secondary social or environmental impacts of priority to beneficiaries.

FORBES: What Would Impact Investing At Scale Look Like? $20 Trillion for Good

It happens because senior management understands both the importance of what is happening and their fiduciary duty to protect the assets of the organization.

FORBES: Mandiant Report on Chinese Hackers is Not News But Its Approach Is

Some of the problems the regulator sees with audits are a lack of auditor professional skepticism and an inappropriate focus on building and maintaining the client relationship with the company management rather than on performing a public duty for shareholders.

FORBES: Auditor Rotation Proposal Just More Spin

Suning maneuvered to capture Chinese tourists purchasing duty-free electronic items in Japanese retail shops, as well as bring Laox sales and product management expertise back to its Chinese retail stores.

FORBES: The 'Chapan' M & A Wave