Wells Fargo has registered the only principal-protected structure in the past week's filings with the US Securities and Exchange Commission. Its unusual, seven-year product linked to the S&P 500 offers 107% principal protection at maturity, which means that the product guarantees a minimum return of 7% as well as the original amount.
As for the other product filings, energy and natural resource sector-based products litter registrations with the US regulator.
Occidental Petroleum, the internatio
The week on Risk.net, July 7-13, 2018Receive this by email