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 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”.
01 Sep 2022
UBS to pay US$25m to settle SEC charges, investors seek further compensation
The Swiss bank faces claims of alleged unsuitable sales and misrepresentations from a US broker dealer affiliate.
25 Nov 2021
Simon bolsters US footprint with record growth
The US multi-dealer platform has announced record increases in its structured investment broker-dealer volumes.
02 Jun 2021
Buy-side view: 2020 increased investor appetite for AMCs
Market participants who considered ‘black swan’ events almost improbable witnessed the March 2020 crash first-hand.
12 Apr 2021
Kiatnakin Phatra Securities’ sales plunge
The largest player of structured notes in Thailand has decreased its issuance to a record-low of 1,518 with a sales volume of THB8.9 billion (US$286m), a market share of 18%, according to SRP data.
03 Nov 2020
HPC IP: change of guard triggers product expansion
Anglo-French structured products specialist boutique HPC Investment Partners (HPC IP) is entering a new phase following the departure of founders Pierre Yves Breton, Jordan Sfez and Arthur Texeira earlier this year, and the appointment of David Zajdman as head of sales & institutional solutions.
16 Oct 2020
Buy-side view: playing the pre-IPO market
Investment banks are creating new teams to trade the shares of pre-IPO giants including SpaceX, Robinhood and Airbnb. Specialist boutique HPC Investment Partners has been offering access to these underlyings via structured products for some time, in response to institutional demand.
14 Jun 2019
SEC’s new best interest standard causes confusion
The Securities and Exchange Commission’s (SEC) new best interest rule for broker-dealers has stirred some controversy in the US investment community.
