Ask for your risk analysis form

Here is a tip.

Write to the financial institution to ask for a copy of the risk analysis form that you signed at the time that you bought the credit linked notes.

Check if the answers in the form are based on what you told the sales representative. If the answers are not taken from you, you can write a letter immediately to point out any wrong facts.

A few investors have asked for and received the signed form. They found statements written by the sales representative (of the distributor) without their permission. If the wrong facts are entered with fraudalent intent, you can lodge a police report.

You can consult a knowledgeable fellow investor about the implications of the facts contained in the risk analysis form.

Views posted by an investor

To: All Investors,
Please ask your FI for a copy of ALL documents that you signed, preferabky BEFORE going for the interview. There have been some cases where the FI's copy of the risk profile form contain additions and/or modifications that were not reflected in the investor's copy. This is highly irregular.

During application time, the RM typically asked some random questions which were ticked on the form. The investor then signed the form, and the RM gave investor his copy on the spot. Later on, the RM filled up the balance of the form with info in his favour. This additional info was not made known to investor upon signup.The investor has unknowingly signed a "blank check".

The RM should get the agreement of the investor for any additional notes he plans to add, but he did not.From a legal standpoint, can one argue that the risk analysis form is invalid, and hence the entire purchase agreement in null and void?