The French bank has partnered with Ai for Alpha to launch a new custom index for the US annuities market.
The US Securities and Exchange Commission (SEC) has fined New York-based Aegis Capital Corp. US$2.3 million for failing to prevent 14 of its brokers from fraudulently selling unsuitable structured products to investors that included retired elderly clients who lost up to hundreds of thousands.
Tech stocks such as Apple and Tesla have slipped from the top 10 underlying ranking in the US market in the first half of 2022, after delivering a strong growth in 2020 and 2021.
Citi replaced Barclays as the number one issuer group in the first half of 2022.
The law firm believes it would be intrusive for market participants to be regulated as investment advisers.
The company is hoping to distribute its first US products by the end of September.
In an environment surrounded by major crash landings and the implosion of several hedge funds and trading vehicles such as the 21Shares Terra crypto ETP (Luna) that have had a ripple effect on the broader market, headwinds are expected in an already volatile crypto market.
SRP explores some of the best-selling structured products with a strike date in the first half of 2022 across the US and Mexican markets.
The US insurer’s first registered index-linked annuity (Rila), ForeStructured Growth, is linked to a variety of indices including the UBS Climate Aware Equity Index, ‘a pioneering climate-focused index’ in the US Rila market.