Editor's letter: The year of the Kid

Richard Jory
Richard Jory, Editor

Christmas is for children, and the New Year will also be all about the Kid. That is the natty acronym for the European Union’s Key Information Document, perhaps the most important legislative initiative the structured products industry has yet encountered.

The culmination of years of work at regulatory level, the Kid is the short-form document that will inform retail investors of the material terms they are agreeing to when they buy an unlisted structured product. Even more importantly in today

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