Interview: Dutch regulator on leveraged ETF review
Following its clampdown on leveraged ETFs in 2013, Dutch regulator Autoriteit Financiële Markten is launching a second review of the sector. Barbara Antonides and Kris Marx, both senior supervision officers at the AFM, explain why the product is a particular focus
The Netherlands is home to a turbo-charged structured products market – and in more ways than one. Exchange turnover is almost exclusively in leveraged products, known as turbos, with €2.3 billion ($2.4 billion) recorded in the second quarter of this year according to data gathered by the European Structured Investments Products Association. In that quarter the market also registered 8,274 new
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