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Mr. Hevesi was accused of directing business to firms that provided financial benefits to him and his aides.
Internet intermediaries like search engines clearly need to take more active responsibility to stop directing business to the black market".
The concern is that the money managers could be directing business to banks in exchange for recruiting, at the expense of their investors.
A violation requires proof that the payment was made "in order to assist such issuer in obtaining or retaining business for or with, or directing business to, any person".
The industry was taken by surprise last year when Mr Spitzer filed a lawsuit against insurance brokers, alleging they were taking kickbacks in return for directing business to certain companies and acting against customers' best interests.
Meanwhile, the European Commission's competition regulator, Mario Monti, privately made noise about the deal being anticompetitive because of G.E.'s ability to bundle products and services, effectively directing business to itself.
Similar(49)
MS. BARON -- In truth, this business is a direct business.
There was even talk that AXA might spin off the direct business.
Nicol says that 40-50 per cent of ING DIRECT business comes via referrals.
While direct business leads are the lifeblood of these groups, members find other benefits.
I thank you in advance for your support with direct business and referrals".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com