Swatch may sue UBS for mis-selling 'absolute return product'

There is a natural conflict between every Financial Service Provider and Investor/Client. No amount of regulation will be able to overcome this problem. If someone sells you some apples on the market the same problem exists. So the watchword has to be: Buyer Beware! Fee-based advisors like Private Banking Advisory can help to mediate between the opposing parties to any transaction. High moral values can alleviate the problem but no one should rely on that alone. Maybe Swatch should have stuck to its knitting and focused on making good watches?