Ethcial Issues in the Financial services Industry Term Paper

Ethcial Issues in the Financial services Industry - Term story ExampleIt is conveyed that general people tend to consider the field of pecuniary services as much unethical as compared to other areas of business. This is considered as such mostly because of the fact that the industry is considered to be preferably large.2Ethical issues are considered to render a huge importance in the industry of financial services because numerous people are considered to be consumers of such services. General people tend to consider this field as more unethical as compared to other areas of business. This is mostly because of the fact that the industry is considered to be quite large. It comprises mortgage lenders, pension funds, investment banks, mutual fund organizations, insurance organizations, securities firms, and banks. The industry is considered to make bent of headlines which tout for its ethical lapses due to its vast size. Intermediaries that operate in the field of financial serv ices moldiness follow standards of the industry, rules of law, and act in an ethical manner. The organizations operating in the financial services industry occupy numerous meetings with regard to marketing of financial services, investment analysis, technology training, and new product training still there is very less importance placed with regard to ethical training. The thinking of organizations must be changed in this regard such that ethical training forms part of conferences in financial service organizations and should have a signifi butt jointt number of attendances. The financial services industry is considered to provide essential services which can be considered as fundamental to modern society and economy. It provides services such as safeguarding money of the general public and providing them with domestic lending services. In this regard, it can be said that considering the vital role that financial service organizations play, it is logical to