Monday December 23 2013
News Source: Global Exchanges
Focus: Trading Rules
Type: General
Country: International
The International Organization of Securities Commissions (IOSCO) has published a final report on Regulation of retail structured products, outlines regulatory options that securities regulators globally may find useful to regulate retail structured products.
The toolkit has been developed with the goal of enhancing investor protection by providing securities regulators with possible approaches to address certain concerns with retail structured products.
The proposed tools are intended to allow for a wide range of application and adaptation in different jurisdictions, and regulators may choose to implement some, all, or none of them in their jurisdiction.
ASIC expects to release a domestic report on complex products early in the New Year. IOSCO’s work will help inform the direction of that report.
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