NFCS data show ownership of structured notes falling to 5 percentage, with younger investors retreating from risk.
Investor enthusiasm for complex instruments such as structured notes appears to be cooling, according to the latest National Financial Capability Study (NFCS) from the Finra Investor Education Foundation, the philanthropic and educational arm of financial regulator Finra. The survey shows a marked decline in ownership of structured notes The survey shows a marked decline in ownership of structured notes, slipping to five percent from six in 2021, reversing gains seen