Category: Regulations & Legal
Advisers bear brunt of investors’ wrath amid Covid-19 crisis
International | Regulations & Legal
01 Apr 2020 by Lavanya Nair & Pablo Conde
Financial markets across the world have taken a tumble in response to the global disruption brought on by the Covid-19 pandemic. Now, as investors suffer immense losses, retaliation comes at the expense of financial advisors with law firms heading up the crossfire.
Covid-19: implications for OTC derivatives & structured products
International | Regulations & Legal
24 Mar 2020 by SRP News
As the spread of coronavirus (Covid-19) continues, we look at some of the legal issues to consider in the derivatives and structured products markets.
China tightens structured deposit rate rules amid outbreak battle
Asia Pacific | Regulations & Legal
23 Mar 2020 by Pablo Conde
The Chinese central bank has issued a new directive on interest rates to curb the high guaranteed yields offered by certain domestic lenders on structured deposits.
AFM: banning turbos not first option but industry needs to start taking responsibility
Europe | Regulations & Legal
17 Mar 2020 by Marc Wolterink
The Dutch regulator believes it is time for the sector to come up with solutions to make it less risky for retail clients to invest in turbos.
SEC settles with US hedge fund SBB’s auditor
North America | Regulations & Legal
13 Mar 2020 by Pablo Conde
Good news for SBB Research Group: the auditor of the Chicago-area hedge fund adviser charged by the US Securities and Exchange Commission (SEC) with a material misstatement associated with SBB's valuation of the structured notes included in its funds has settled with the regulator over improper conduct.
Singapore regulator eyes private banking sales, advisory practices
Asia Pacific | Regulations & Legal
09 Mar 2020 by Pablo Conde
Recent thematic inspections on private banks on the way they conduct their sales and advisory activities in Singapore conducted by the country’s securities watchdog have unveiled shortcomings relating to structured products.
AFM: 68% of retail investors lose money when trading turbos
Europe | Regulations & Legal
04 Mar 2020 by Marc Wolterink
Research from the Dutch regulator shows that the average loss per client is more than €2,600 when trading in turbos.
Wells Fargo sanctioned for unsuitable advice by SEC
North America | Regulations & Legal
02 Mar 2020 by Lavanya Nair & Pablo Conde
The US firm has been found guilty by the country’s securities regulator of recommending single-inverse tracker funds without adequate suitability checks.
New wealth management rules boost Taiwan’s structured products
Asia Pacific | Regulations & Legal
27 Feb 2020 by SRP News
The new rules introduced by the Taiwan regulator are aimed at aligning the country’s financial supervision structures with Hong Kong and Singapore and increase investment activity in the country.
