US distributor of the year

US distributor of the year, Incapital

Glenn Lotenberg, Incapital

A $10.75 million trade in November tied to the constant maturity swap (CMS) curve and an index of US small caps finally helped Incapital convince the broker-dealer community to take the plunge into non-principal-protected structured products, according to Deryk Rhodes, Boca Raton-based executive director at Incapital. "We finally broke down the wall we'd been banging on for years," he says.

The Societe Generale-issued paper, which comes due in 2029, was not among the biggest money-raisers of the

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