Where are we now on regulating structured products?

The next few years could mark a radical change in structured product design, marketing and distribution legislation. The response from regulators and the industry has been patchy. Across the world, regulators are on the march. They want to implement more prescriptive rules on unfettered markets that could represent systemic risk. Investor protection is high on the agenda too. At a global level, plans are afoot to push the $600trn OTC derivatives market onto exchanges, which would allow for greater oversight by regulators of investment banks. In December, the US House of Representat...