JAC reaffirms retail structured products principles with bigger committee

The Joint Associations Committee has released a combined set of principles aimed at achieving fair treatment for individual investors and clarifying the roles and responsibilities of those involved in creating and distributing retail structured products

Hand shake
JAC: retail structured product principles more relevant than ever

It took three years for the Joint Associations Committee on Retail Structured Products (JAC) to agree on a series of guidelines that define the professional relationships that exist between the creation and distribution of structured products. That agreement was reached in July 2007, and now, four years later, the JAC has reaffirmed these principles, as well as those for managing the distributor-individual investor relationship, originally published in July 2008.

"The reaffirmation has been in

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