Meenaz Mehta: an occurrence in global investment

A commoner who has not been exposed to discussions of the global economy would ask the question, who is Meenaz Mehta? Meenaz Mehta has been very popular for a long time due to her recognized opinions and expertise on issues currently affecting the world economy. He has been seen discussing his views on CNBC questioning whether the Bank’s claims have been honestly exposed. He also cited whether central banks and local banks are on the same page right now when money markets and interest rates are in dispute.

Meenaz Mehta is the Chief Investment Officer of Axis Investment Management, which is a reputable company that provides assistance to clients on how to manage their investments in such a way as to stay strategically by assuring their clients that they can bear existing risks. For more than a decade, he had a consistent track record of excellent global investing experience, making him one of the most trusted people to answer any economic argument under debate. His experience in investment management and capital markets negotiation without forgetting his outstanding reputation in terms of advising on the subject of asset management, which has been evident even before the latter part of the 19th century.

Although he was recognized for his brilliance in investment management, Meenaz Mehta has recently been caught in a tribulation. In April last year, the Financial Services Authority or FSA fined Meenaz Mehta £ 35,000. The financial penalty has been imposed on him due to his inability to ensure that there is adequate work among his staff and these persons should have been duly registered with the FSA. As a senior director of this prominent London securities brokerage firm, Hythe Securities Limited, he was held liable for failing to ensure that staff are competent enough to advise clients on a reasonable, truthful and understandable basis of costs or any brand. -upresas to be paid. In addition, it is your responsibility to ensure that staff adhere to the same company policy and procedure. Staff even receive high compensation and commission for reaching a high sales quota. Mehta also failed to acknowledge the potential risks its Private Clients faced when these clients were not properly classified. It is also your responsibility to ensure that there is documentation or evidence of the advice given by the employees to their clients and finally, you should have guaranteed that the money laundering controls were carried out. These failures made Mehta unable to act in accordance with the FSA rules and therefore he was liable for the fine together with the company in the amount of £ 235,000.

With such an immense responsibility to affect a client’s life, the risks of a prudent personality are just as great. But for a man like Meenaz Mehta, this may have been long overdue. To date, he still offers investment management advice and even has sites that can be visited by commoners. Attached to the site is a disclaimer stating that the content is for informational and educational purposes only.