SEC closes in on sweep guidance for structured notes estimated value disclosure

SEC prepares sweep completion

The US Securities and Exchange Commission (SEC) has recently been informing structured products issuers in private meetings that they must disclose the estimated value of their notes on the cover page of their offering documents and share this information with investors prior to the time of sale.

The SEC is to write to the issuers with final details in the coming weeks. "They were very engaged with issuers, reviewing their responses to an April 2012 sweep letter, holding meetings and trying to

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options


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 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