Tag: Finra
Innovation, complexity: treading the middle ground
North America | Regulations & Legal
22 Jun 2022 by Tim Mortimer - FVC
The recent notice on complex products from the US regulator signals a revival of supervisory measures to balance out innovation and complexity.
US watchdog reminds industry of regulatory obligations
North America | Regulations & Legal
29 Mar 2022 by SRP News
Finra has launched a consultation related to the sale of complex products and options in light of continued concerns and increased activity.
US regulation: 10 years on after the GFC
North America | Regulations & Legal
28 Sep 2021 by Lavanya Nair
The US structured products market has undergone several impactful changes over the past decade since the devastating financial crash of 2008.
Finra: former Merrill Lynch brokers not responsible over structured notes sales
North America | Regulations & Legal
24 Mar 2021 by Lavanya Nair
The Financial Industry Regulatory Authority (Finra) ruled that the broker-dealers now at Raymond James were not responsible for the failure to properly disclose the costs of notes that saw some investors incur significant losses.
US regulator orders JPM Securities to pay settlement fee
North America | Regulations & Legal
04 Mar 2021 by Lavanya Nair
An arbitration panel of the US watchdog Financial Industry Regulatory Authority (Finra) has ordered JP Morgan Securities (JPMS) and two of its ex-brokers to pay US$19m in damages to an elderly investor of structured products.
USA Market Review - September 2019
North America | Market Reviews
23 Oct 2019 by Yordan Ivanov
Some 1,651 structured products from 33 different distributors and worth $5 billion were added to the SRP USA database in September compared with 1,525 products with a sales volume of $4.9 billion added during the same month in 2018.
US court backs RBC in rev conv case
North America | Regulations & Legal
08 Aug 2019 by Pablo Conde
The Canadian bank dodges a reverse convertible notes class action on a technicality.
US distributors in the limelight as new mis-selling cases arise
North America | Regulations & Legal
08 May 2019 by Jihye Hwang & Pablo Conde
Investors are turning to investment fraud law firms to recover losses from structured notes.
US maintains focus on structured notes, ETPs and options
North America | Regulations & Legal
15 Mar 2019 by Pablo Conde
The US financial regulator spells out in its annual market outlook the areas at the heart of its oversight
