Finra to release 'best practices' report on structured products sales
The US Financial Regulatory Authority (Finra) is due to publish a report that is particularly focused on the controls that firms have built around the sale of structured products, both to their own private wealth divisions and to other firms.
BAML appoints US head of EQD sales
Steve Moses, former head of equity derivative sales at Nomura in New York, has joined Bank of America Merrill Lynch (BAML) as a managing director in equity derivative sales.
