| dc.description.abstract | Over the past several years, with the rapid growth in financial markets and in diverse product offerings, there was solid evidence of sales increase in structured products in United States, Europe and Taiwan. Structured products have become a key component in investors’ portfolio allocations. In many regions where structured products growth has flourished, sales to common investors have been an important contributing factor. Compared to stocks, bonds or mutual funds, structured products are far more complex. Thus, their sales have resulted in numerous disputes and law suits globally. In Taiwan, the market for structured products is large and demand for them is high. However, due to their complexity, investors find it difficult to understand the true nature of the products, resulting in the recent uptrend of disputes. Thus, there is a need for investors to figure out whether the product information provided by selling agencies is accurate or not? Could the information be clearly and concisely understood by investors? Could the presentation of product information misled investors or contain exaggerated contents?
This thesis will be focused on structured products and provide details to the following discussion points. First, introduce some market statistics of structure products in both United States and Taiwan and discuss the importance of structure products in Taiwan’s wealth management business. Second, introduce what structure products are and their distinct features, thus enabling better understanding by investors. Third, discuss the regulations of structured products in United States, United Kingdom, Hong Kong and Taiwan. Fourth, using information provided by the structured notes community in Taiwan, discuss whether the information provided are accurate, unbiased and/or easily understood by investors. Finally, provide recommendations to the Taiwan structured notes community on issues of concern when presenting structured products information. | en_US |