The Federal Deposit Insurance Corp. is promising to revise oversight of bank sales of uninsured investment products in the wake of a study showing the industry still isn't giving consumers the right information.

The findings, released Monday, stem from the largest undercover study of banks' investment products sales practices to date.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.