October 11, 2017
By Simon Thomas
Depends what you mean by risky (or financial instrument which is rather broad). (click here)
You have funky things like target redemption notes (TARNs) which I have seen a Singapore bank try and sell retail which appear to pay a decent annual rate and redeem in a couple of years but can effectively turn into a zero coupon perpetual note…. The one they suggested had an inverse rate reference as well just to be even more stupid for your grandma to buy. There is probably a max maturity but still. On that point there are a few things such as dual currency deposits (which are really you selling the bank options) where you sell the bank vol cheaply without knowing it....
See in third paragraph below the link immediately below:
One of the top priorities of the Administration (click here)...
Under Trump’s Executive Order 13771 (click here) on "Reducing Regulation and Controlling Regulatory Costs," the administration directed executive branch agencies to eliminate least two regulations for every significant new one added, and keep net new costs at zero.Trump’s emphasis on regulatory liberalization and cutting the number of rules and regulations has made the Agenda a more important gauge....
CDFs (click here) are the most important focus for Congress right now. Mnuchin is ineffective in his decision making when it comes to understanding and addressing the communities supporting THE WELLNESS of Americans.
Huawei (click here)
The 2017 Tax Cuts and Jobs Act (click here) made two significant changes to the way business losses were handled.
...The Economic Growth, Regulatory Relief, and Consumer Protection Act, (s.2155) (click here)
Continued in the entry below, thank you.
