“The SSPA takes this criticism seriously and, together with its members, will attempt to make the simplified prospectuses easier to understand but would be remiss in not stating that with information such as the Swiss Derivative Map, the SSPA has in recent years helped make individual structured products much easier to compare and understand.”
“The SSPA takes this criticism seriously and, together with its members, will attempt to make the simplified prospectuses easier to understand but would be remiss in not stating that with information such as the Swiss Derivative Map, the SSPA has in recent years helped make individual structured products much easier to compare and understand.”
—The Swiss Structured Product Association gives its response to the Swiss Financial Market Supervisory Authority’s criticism that current regulation does not protect structured product investors in Switzerland.