The strategy gap that some industry watchdogs have noted is real and growing.

The company is a member of FIMBRA, the industry watchdog.

An executive may become the target of a witch hunt by industry watchdogs, or the subject of an expose by the news media.

More recently, Dr. Hauser, a wiry, dark-haired man of 66, had become an industry watchdog, creating a database into which hospitals reported device failures.

"Bells should be going off right now," said Roy Weitz, editor of FundAlarm.com, an industry watchdog.

The products have already generated criticism, with industry watchdogs saying that smokeless tobacco provides an alternative in situations where smoking is prohibited.

Water shares spurted on the back of a report by the industry watchdog, Ofwat.

According to the Charity Commission, the industry watchdog, a charity must only allow members to enjoy private benefits that are "incidental to its public function".

Switch: a free-to-use comparison service to help consumers compare energy tariffs and switch to a different supplier, accredited by Consumer Focus, the industry watchdog.

The association called for the standard of advice offered to be monitored by the industry watchdogs.