5 February 2025
Fidelity hit with Finra claim over US$11.1m ETN loss
The exchange-traded note (ETN) issued by Credit Suisse has caused a loss of US$11.1m after being ‘inappropriately’ recommended by an advisor on the Fidelity brokerage platform.
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04 Feb 2025
South Korean regulator slams ELS' sales practices
Claims of mis-selling remain as FSS lambasts distributors for lack of suitability and appropriateness checks.
27 Jan 2025
HK regulator fines Hang Seng Bank over mis-selling
The HSBC Group member has been fined HK$66.4m (US$8.5m) for misconduct while selling investment products including secondary structured notes over a course of nine years.
21 Jan 2025
Year in review: 2024 new rules, enforcement actions
We look back at the main stories of last year covering regulatory developments across the world, as well as some of the high-profile lawsuit and arbitration cases in the US, related to structured products.
03 Jan 2025
South Korea’s largest labour union calls for more ELS, DLS rules
Its latest working paper proposes to ban selling high-risk structured products with unilateral downside risk to the general public.
23 Dec 2024
Australian regulator sues Binance over customer protection failures
ASIC has taken Binance Australia Derivatives to the federal court...
20 Dec 2024
UK regulator to phase out Priips in shift from EU
A new regime will replace the current retail investor disclosure...
12 Dec 2024
Leonteq to pay US$10m for breaching risk management, suitability obligations
Finma has ordered the structured products provider to halt its...
10 Dec 2024
Ex-Allianz senior manager spared prison in Structured Alpha saga
The co-lead manager of the structured fund has avoided prison time due...
04 Dec 2024
Barclays reaches US$19.5m settlement over mis-sold ETNs
The British bank has agreed to pay US$19.5m over the fallout of its structured product over-issuances after over two years since the blunder was reported to the regulator.
03 Dec 2024
Swedish regulator slams 'high risk' autocalls
The watchdog’s latest paper finds that structured products with an autocall feature often provide a lower return compared to a direct investment in the underlying assets.
02 Dec 2024
RIS is 'complex and bureaucratic': finance sector slams EU's regulatory framework
The European Structured Investment Products Association (Eusipa) and 11 other financial associations have sounded the alarm on the upcoming European Retail Investment Strategy (RIS), calling for a competitiveness check on regulation.
28 Nov 2024
Stifel slapped with US$2.3m penalty over structured notes sales
Finra’s penalty is directed to one of the firm’s advisor embroiled in a total of 20 customer disputes.