Structured Products Americas: Finra happy with looser definition of complexity

US flag
Defining complexity in the US

There is no fundamental link between structured product complexity and riskiness, and creators and distributors should take more responsibility for deciding which products are complex, according to a senior official at the Financial Industry Regulatory Authority (Finra).

"It is not always helpful to equate risk and complexity because some of the complexity may provide protection," said Bill Hayden, senior director for emerging regulatory issues at Finra in Washington, DC, speaking at the start

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

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 individual account here