Tag: USA
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.
Exclusive: Causeway Securities opens NYC office, adds former iCapital executive
North America | People
18 Nov 2024 by Summer Wang
The UK structured product intermediary has opened a Manhattan office today as part of its "aggressive hiring and business plan”.
SRP Americas Awards 2024: Raymond James logs US$5.6bn sales as ‘internalisation’ continues
North America | Industry
05 Nov 2024 by Summer Wang
A recent partnership with a valuation and analysis start-up founded by former Morgan Stanley executives has strengthened the annualised sales which represented a growth of over 50%.
Spotlight on US: decrement indices stagger
North America | Indices
01 Nov 2024 by Summer Wang
The demand for decrement indices in the US structured note market has been faltering despite this year’s growth.
Annuities: FIA and Rila sales hit US$142.4 billion in 9M 2024
North America | Products
30 Oct 2024 by Summer Wang
North American partners with AMS on a new FIA; US Senator slams insurance carrier kickbacks; Allianz survey unveils that less than half of Americans have a plan for retirement.
US Market Review, September 2024: quiet month, robust quarter
North America | Market Reviews
29 Oct 2024 by Summer Wang
The market’s traded notional surpassed US$100 billion for the first nine months.
Morgan Stanley BV vehicle posts €8.4bn structured notes, higher issuance in H1 24
International | Products
23 Oct 2024 by Summer Wang
The global structured notes issuer also reported a five-year low net income on a semi-annual basis.
Spotlight on the US: five best-performers in H1 2024
North America | Products
11 Oct 2024 by Summer Wang
SRP reviews some of the best-performing SEC-registered structured notes that expired in the first half of the year.
Corebridge debuts registered index-linked annuity in US
North America | Products
10 Oct 2024 by Summer Wang
The Houston-based insurer has launched its first registered index-linked annuity (Rila) after amassing US$4.3 billion fixed index annuity (FIA) sales in the first six months of 2024.
