FINRA Rules Out Structured Product Intervention

Apr 03, 2012 - Kevin Dugan

The U.S. Financial Industry Regulatory Authority will not intervene in the retail structured products market by banning specific structures that it feels are complex. The move is in contrast to regulators in Europe, with some proposing to ban so-called complex structures in an effort to simplify the market and create a greater level of transparency.

“We're not headed down the path of product intervention,” said an official at an industry....

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