Compliance Matters: Is FINRA Beginning a Sweep? Cliquets and Steepeners, Oh My!

By | Professional Liability Advocate | February 20, 2014
Compliance Matters: Is FINRA Beginning a Sweep? Cliquets and Steepeners, Oh My!

February may be sweeps month for television ratings, but FINRA sweeps happen all year round. And make no mistake, these sweeps have big stakes. As a result of the current interest rate environment and volatility in the equity market, many investors seek alternative investments, some of which may be risky. It comes as no surprise that FINRA has its sights set on complex and structured products.