FINRA to review firm practices regarding higher-risk structured products

FINRA launches risky product review

Amid concerns that retail investors may be harmed by high concentrations in risky structured products, the U.S. Financial Industry Regulatory Authority Inc. (FINRA) is launching a compliance review targeting the industry’s sales of complex structured notes. The U.S. industry self-regulatory organization said that it will be reviewing firms’ practices when dealing in so-called “worst-of” structured notes — products whose returns are geared to the…

FINRA Launches Review of Higher-Risk Structured Products

The regulator will examine how firms supervised "worst-of" structured notes, with a focus on their compliance with best-interest standards.

FINRA to review firm practices regarding higher-risk structured products

The Financial Industry Regulatory Authority (FINRA) announced today that it will review firm practices regarding higher-risk structured products. The post FINRA to review firm practices regarding higher-risk structured products appeared first on FX News Group.