Finra targets conflicts of interest in structured products industry
US broker-dealers that issue and sell structured products should be doing more to manage conflicts of interest, says the Financial Industry Regulatory Authority (Finra) in a report published this week. If they do not, Finra will consider enacting new rules to make robust conflict management policies mandatory at broker-dealers.
Conflicts of interest in issuing and selling structured products can arise when firms decide what products to offer and what markets and customers to target, says Finra
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