Skip to Content
In March 2017, the Financial Industry Regulatory Authority (FINRA) received approval from the Securities and Exchange Commission (SEC) to adopt two rule changes designed to help protect senior investors against investment fraud. The changes focus on preventing unauthorized access to investors’ accounts and preventing disbursements from investors’ accounts when there […]
For individual investors, securities arbitration through the Financial Industry Regulatory Authority (FINRA) provides a streamlined opportunity to recover fraudulent investment losses. If you have experienced sudden and unexpected losses in your investment account, here are six key facts you need to know about FINRA arbitration: 1. To File, Your Broker […]
Puerto Rico is facing a May 1 deadline to restructure its $70 billion debt. At that time, a freeze on lawsuits against Puerto Rico will expire. The clock is ticking on Puerto Rico. Last year, the U.S. Congress passed a Puerto Rico rescue law called “PROMESA,” which halted creditor lawsuits […]
It appears that the Trump administration is determined to roll back regulations across the board; from lowering industrial standards for pollution to increasing the risks faced by Mom and Pop investors. There are two areas of concern for the average investor. First, the Department of Labor – DOL has delayed […]
While Bill Ackman has had some big winners for investors in his multi-billion-dollar hedge fund, Pershing Square, he also has cost his clients a ton of money over the years due to his high-risk bets on stocks. Ackman’s strategy is extremely risky. He takes a large bet on just a […]
Last week, the bull market in stocks, which started after the financial crisis hit bottom in March 2009, reached its eight-year anniversary. It’s the second longest bull run in S&P 500 history, adding more than $14 trillion in value to the index over that time. That’s all good news for […]
If you owned a school bus company, you would make sure that your drivers don’t have DWIs on their records or a history of fender benders before you put them in charge of driving children to school. Is Wall Street performing the same due diligence? How are these global banks […]
As an individual investor, you have plenty of important questions to consider. How do you choose a trustworthy broker or investment advisor? How do you know if an investment is too risky for your personal investment strategy? When is the right time to invest; and, when is the right time […]
In an Order dated January 26, 2017, the Securities and Exchange Commission (SEC) demanded payment of $18.3 million from Citigroup Global Markets, Inc. (“Citigroup”) stemming from allegations that the advisory firm had charged its clients millions of dollars in unauthorized fees from 2000 through 2015. The $18.3 million payment demand […]
It looks like déjà vu all over again on Wall Street. Get ready for a classic play by investment banks; conflict rich reports on companies by analysts who are hustling to generate fees. This dark mark on Wall Street was supposed to be a memory of the past. In 2003, […]