French regulator: Don't starve retail market of innovation

Intelligibility is the key, AMF regulatory chief tells conference

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Hopes that EU regulation will take account of 'intelligibility'

"Retail investors should not be deprived of innovative products as long as they can perfectly understand the risk they take," said Guillaume Eliet, managing director, regulation policy and international affairs division at Autorité des Marchés Financiers (AMF), in the keynote address to the Structured Products Europe conference in London on November 18.

Eliet referred to the late Steve Jobs, founder of Apple, as someone who realised that sometimes putting an emphasis on the simplicity of a produ

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