Financial Industry Regulatory Authority (Finra)
Finra bears down on complex structured products
Topping the regulator's list of priorities for 2014 is ensuring that US brokers make adequate enquiries before offering complex products to retail investors
Structured products can underperform a simple stock and bond portfolio, study finds
A group of PhDs churned through 18,000 structured products issued by 13 leading banks, including Barclays, Goldman Sachs and UBS, to find out what investors in the products earned. In November, they published their results. Yakob Peterseil talks to one…
Finra names Rufino head of member regulation
People: Finra names head of member regulation
SEC at odds with Finra over Pip data
Agree to disagree
Finra targets conflicts of interest in structured products industry
The US regulator has published a report saying issuers and sellers should be doing more to manage conflicts of interest that arise when deciding which products to sell and to whom
Huntington banks on the lure of low-risk investment
Huntington National Bank was founded in Ohio, where it remains headquartered to this day. Yakob Peterseil talks to Dave Fitzsimmons, Pittsburgh-based managing director of the equity derivatives group, about being a big bank with a long tradition
Changing hats – June 2013
Changing hats – June 2013
SEC’s Amy Starr: US banks must comply with estimated value guidance “in very short order”
Banks that do not promptly disclose the estimated value of their structured notes risk additional scrutiny, says regulator
Law firm of the year: Davis Polk & Wardwell
Law firm of the year: Davis Polk & Wardwell
SEC says crucial information being withheld from investors in structured notes
In its latest letter, the SEC orders banks to highlight the difference between fair market value and issue price to help investors see what their investment is worth
Goldman $1.5m fine for rogue trading loss ‘insufficient’, says Chilton
CFTC's Bart Chilton criticises the commission's fine, saying it should be at least five times higher
Schapiro resignation not linked to lawsuit, SEC says
SEC chair Mary Schapiro steps down a week after former inspector-general files $20 million lawsuit against the agency
Finra warns investors about 'unpleasant surprises' in ETNs
Four months after the furore surrounding the Tvix exchange-traded note, Finra has responded by issuing an investor alert warning of the risks involved in the products
Velocityshares implosion puts leveraged ETNs in the frame
Terminal Velocity
Structured Products Americas: some welcome consistency in the complexity debate
Consistent about complexity
Finra provides more granular interpretation of suitability rule
Finra has issued a regulatory notice responding to questions about its 2010 suitability rule
Structured Products Americas: Finra happy with looser definition of complexity
A senior Finra official argues that structured product complexity does not always mean greater risk
The ETN that grew too fast
The ETN that grew too fast
House of the Year, Americas: Citi
Structured Products Americas Awards 2012
US distributor: Incapital
Structured Products Americas Awards 2012
Structured Products Americas: SEC will turn up the heat on the market, says leading lawyer
The US SEC is highly sceptical of the structured products market and higher regulatory standards are on their way, says lawyer
Editorial: Safety in deposits
Editor's letter
High sales prompt Finra to investigate certificates of deposit
After mass investor flight to the perceived safety of certificates of deposit, US regulator Finra plans to investigate quite how safe the investments are, especially those that include a derivative component