The Public Securities Association yesterday released a list of features that underwriters selling three popular types of derivatives should disclose about the products to market participants.

The PSA's task force on derivatives information standardization, which includes officials from prominent derivatives dealers and information service providers, developed the lists, which apply to auction and swap-based inverse floaters and embedded cap bonds.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.