Partially protected: Dodd-Frank Act spares structured products

Despite the passage of a prescriptive new regulatory regime for OTC derivatives, US Securities and Exchange Commission-registered structured notes and certificates of deposit could be products set to win under the new regime. Yet rules that ban banks from equity derivatives trading and the debate about the meaning of proprietary trading could keep participants at the drawing board for some time yet. Joti Mangat reports

Unravelling the Dodd-Frank Wall Street Refrom Act

The sprawling Dodd-Frank Wall Street Reform and Consumer Protection Act, an ambitious attempt to recast financial sector regulation in the US in the wake of the financial crisis, was signed into US law by President Barack Obama on July 21.

On the face of it, Title VII of the Act, which addresses transparency and accountability, will bring structured product issuers, dealers and distributors under the jurisdiction of the Securities and Exchange Commission (SEC) or the Commodities and Futures