Tag: Reverse Convertible Notes
Downside of Reverse Convertible Notes
Reverse convertible notes (RCNs) are complex products that have characteristics of both stocks and bonds. To the average investor, reverse...
FINRA Fines Ameriprise for Reverse Convertible Notes
The Financial Industry Regulatory Authority (FINRA) has fined H&R Block Financial Advisors (now Ameriprise Advisor Services) $200,000...
Risks of Investing in Reverse Convertible Securities (Notes)
A reverse convertible security or reverse convertible note is a short-term note linked to an underlying stock. The security offers steady...