North America News

Citi’s markets revenues drop due to EQD normalisation

International | Products

17 Oct 2022 by SRP News

The US investment bank’s equity markets revenues were hampered by a reduced activity in derivatives during Q3 2022.

Spotlight on…top issuers in the US (9M 2022)

North America | Industry

14 Oct 2022 by SRP News

J.P. Morgan replaced Goldman as the number one issuer group in 9M 2022.

US investors cash in on Eurostoxx Banks despite 24% index drop

North America | Products

13 Oct 2022 by SRP News

Some 99% of maturing products linked to the Eurostoxx Banks Index delivered a gain in the US market.

SRP Americas 2022: crypto structured products can be done on TradFi set-up

International | Industry

13 Oct 2022 by SRP News

Rehan Tariq, head of trading and structuring at Murex Americas, presented a case study during the SRP Americas conference in Chicago based on a research and development (R&D) project to provide investors with exposure to crypto beyond the cash and listed markets.

US trade associations urge vote on Rila bill

North America | Products

06 Oct 2022 by SRP News

The bill would lower barriers to retirement income products by requiring the regulator to revise rules regarding developing and offering certain annuity products, including Rilas.

SRP Americas 2022: lack of ESG regulation will impact indexing

North America | Conferences

04 Oct 2022 by SRP News

Rick Redding, CEO of the Index Industry Association (IIA), shared the most recent developments in the indexing space and his views about the challenges index providers face as new ESG (climate disclosure) and retail investors (complex products) come into force.

Barclays to pay US$361m to settle structured notes lapse

North America | Regulations & Legal

30 Sep 2022 by Pablo Conde

The UK bank was charged by the US securities regulator for the overissuance of structured notes and ETNs.

Spotlight on… asset classes in Canada (H1 2022)

North America | Industry

30 Sep 2022 by SRP News

Single indices were the dominant asset class with decrement indices alone responsible for 70% of the total issuance.

US congress questions Finra’s ‘complex product’ regulation

North America | Regulations & Legal

29 Sep 2022 by SRP News

The regulator must provide evidence that current regulations are insufficient; the impact proposed changes would have on retail investors; and whether it is coordinating its effort with the SEC, which has also raised concerns about the retail sale of complex investment products.