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There has also been an incident in the Financial Planning arm of MRCB where a customer complained to the bank that a financial planner allegedly

There has also been an incident in the Financial Planning arm of MRCB where a customer complained to the bank that a financial planner allegedly misled him to invest in highly risky financial products resulting in him losing $1 million in retirement savings. 

Q:Are the incidents reported by MRCB in the initial inquiries in breach of

a) Australian financial regulations, b) ethics, and/or c) corporate social responsibility? 

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