Industry Urges IOSCO To Drop ‘Complex’ From Product Rules

29 May 2012

The International Organization of Securities Commissions should drop references to ‘complex’ financial products in its proposed rules around suitability requirements for the distribution of products, according to a letter from six industry associations.

The International Organization of Securities Commissions should drop references to ‘complex’ financial products in its proposed rules around suitability requirements for the distribution of products, according to a letter from six industry associations.

“We believe that a focus on “complex” financial products rather than all financial products would ...

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