02 Dec 2024
SRP in brief: index in focus
It was a busy week for the US index-linked annuity market, and elsewhere.
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.
20 Nov 2024
US broker-dealer to recompense US$2m over XIV ETN sales
Finra has imposed sanctions on a Georgia-based broker-dealer over its mis-selling of XIV, a now-defunct exchange-traded note (ETN) issued by Credit Suisse.
21 Oct 2024
SRP in brief: Korea, Poland market reviews out
The past week saw the release of two exclusive market reviews prepared by our SRP editorial team.
16 Oct 2024
US regulator fines broker-dealer for mis-selling structured notes
Stifel ordered to pay US$14.2m in Finra arbitration over failure to supervise recommendations of structured note investments.
26 Sep 2024
SRP Americas 2024: 'complex products' definition still pending
The late afternoon session of the Mayer Brown masterclass at SRP Americas 2024 was led by counsel Brad Berman and partner Steffen Hemmerich – they discussed regulatory and compliance issues related to structured products, index providers, distributors and social media.
15 Aug 2024
JPM sued by Dropbox co-founder over US$1bn structured note sales
The former Dropbox executive is seeking to recover US$225m in damages from J.P. Morgan due to “exorbitant” undisclosed fees on 35 structured notes.
03 Jul 2023
Latest: Finra fines CS over inaccurate reports
In this week's Latest, we focus on a penalty on Credit Suisse (CS), first US stock-linked structured certificates in Poland, US investors’ rising appetite for alternatives, J.P. Morgan's latest sustainable data solution and UBS' push in tokenisation.
22 Jun 2023
Latest: Finra fines Schwab over disclosures on ETNs
Schwab self-reported the issues with disclosures related to exchange-traded notes, which occurred from January 2016 to December 2020, to Finra.
21 Jun 2023
US SEC ramps up conduct expectations for broker-dealers
In April 2023, the US Securities and Exchange Commission (SEC) published a Staff Bulletin entitled “Standards of Conduct for Broker-Dealers and Investment Advisers Care Obligations”.
21 Jun 2023
US SEC ramps up conduct expectations for broker-dealers
In April 2023, the US Securities and Exchange Commission (SEC) published a Staff Bulletin entitled “Standards of Conduct for Broker-Dealers and Investment Advisers Care Obligations”.