Tag: Finra
US broker-dealer to recompense US$2m over XIV ETN sales
North America | Regulations & Legal
20 Nov 2024 by Summer Wang
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.
SRP in brief: Korea, Poland market reviews out
International | Industry
21 Oct 2024 by SRP News
The past week saw the release of two exclusive market reviews prepared by our SRP editorial team.
US regulator fines broker-dealer for mis-selling structured notes
North America | Regulations & Legal
16 Oct 2024 by SRP News
Stifel ordered to pay US$14.2m in Finra arbitration over failure to supervise recommendations of structured note investments.
SRP Americas 2024: 'complex products' definition still pending
North America | Conferences
26 Sep 2024 by SRP News
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.
JPM sued by Dropbox co-founder over US$1bn structured note sales
North America | Regulations & Legal
15 Aug 2024 by Summer Wang
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.
Latest: Finra fines CS over inaccurate reports
International | Industry
03 Jul 2023 by SRP News
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.
SRPInsight issue 24: deep barriers
International | Industry
30 Jun 2023 by SRP News
Issue 24 of our e-mag is out and ready to download.
Latest: Finra fines Schwab over disclosures on ETNs
International | Industry
22 Jun 2023 by SRP News
Schwab self-reported the issues with disclosures related to exchange-traded notes, which occurred from January 2016 to December 2020, to Finra.
US SEC ramps up conduct expectations for broker-dealers
North America | Regulations & Legal
21 Jun 2023 by Tim Mortimer - FVC
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”.
