Breaking the chains

The structured products distribution model in the US is skewed. Captive channels held within the brokerage arms of a handful of major banks have traditionally stayed relatively closed. Third-party broker dealers, by contrast, have taken products from all issuers, adopting the same approach as independent registered investment advisers (RIAs), which answer only to their own due diligence requirements.

A gradual shift towards open architecture on the part of the biggest distributor banks has been

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: