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Regulatory

Misleading PDS costs NAB $10,200

Making potentially misleading statements in a product disclosure statement (PDS) has seen National Australia Bank (NAB) get a $10,200 penalty from the Australian Securities and Investments Commission (ASIC).

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Read more: NAB,  ASIC,  Australian Securities,  Investments Commission,  National Australia Bank,  ASIC concerns,  August 2014,  December 2013,  February 2014,  January 2014,  June 2013,  March 2014,  NAB Annuity Term Deposit,  Regulatory,  September