Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

The Truth About Structured Products And Why Brokers Promote Them

Thursday, March 3, 2011 - 6:17 PM
From the AARP Money Newsletter:
Structured products - now being sold to small investors in record numbers - are so complicated that the brokers who sell them don't always know how they work. But unlike investors' returns, the brokers' commissions are guaranteed.

The article starts off describing how one investor in a principal-protected note from UBS Financial Services lost his entire investment ($130K) during the financial crisis.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634