SEC estimated value guidance causing concern among investors

Concept image of a cloud question mark

Some investors have expressed surprise at the estimates banks are providing for the value of their structured notes.

Banks report that some dealers and investors are startled by how low the estimate is compared to how much banks are charging for the notes. "I wouldn't say we're getting angry calls, but investors are asking [questions]," says a New York-based head of structured products distribution. Some investors are asking why they can't be charged a price that is closer to the estimate, he

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: