Structured Products Americas: More mis-selling fines to follow, Finra warns

A crackdown on mis-selling of structured products to retail investors could lead to more fines for US companies in the near future, the US financial industry's self-regulatory body warned yesterday.

Speaking at the Structured Products Americas conference in Miami, Richard Vagnoni, senior market analyst at the Financial Industry Regulatory Authority (Finra), highlighted a $200,000 fine levied by Finra against H&R Block Financial Advisors in February, after one of its brokers convinced a retired

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: