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On June 23, 2016, the people of the United Kingdom voted by a margin of 52 percent to 48 percent to leave the European Union. The outcome of the so-called ‘Brexit’ vote remained uncertain until the referendum (in fact, many experts were predicting that the UK would remain part of […]
With investment grade bond yields at record lows, and likely to stay there for a while, stockbrokers are recommending high-yield “junk bonds” to Mom and Pop investors searching for returns in this record low interest rate environment. Remember, bond prices and their yields move in the opposite direction. So, with […]
Despite a push in recent years to enact new laws designed to protect the elderly investors, it is clear that broker fraud remains a prevalent form of elder abuse. Sadly, many elderly individuals suffer from ailments that make them particularly susceptible to undue influence, and with their entire life’s savings […]
Puerto Rico is drowning in debt, its population and tax base are shrinking and its infrastructure is crumbling. Puerto Rico needs any help it can get. Against that backdrop, the U.S. Congress is finally set to throw the island a lifeline, with the House approving legislation last week that […]
The Securities Industry is incapable of putting its customers first. That’s clear after taking a look at the growing legal and political storm surrounding a new investor protection rule recently put forth by the Department of Labor. After years of deliberation and study, the DOL in April issued a […]
Reuters recently reported that the oil and gas industry is experiencing a wave of bankruptcies, the likes of which haven’t been seen since the telecom bust in the early 2000s. At the start of May, 59 oil and gas companies had filed for bankruptcy, with at least one additional company […]
Hedge funds over the first three months of 2016 suffered their worst quarter in seven years. That prompted investors to withdraw a whopping $15 billion from hedge fund investments, according to a recent report. The reason why investors are fleeing these supposedly elite investment vehicles for the ultra-rich and sophisticated […]
The Federal Trade Commission, an independent agency of the U.S. government, has recently been moving to block mergers between large, powerful corporations. The reasoning behind the FTC’s drive to shut down certain large mergers is simple. Where there are too few providers of a product or service, consumers are likely […]
In the game of chess, when most of the pieces are gone from the board, the superior player can likely win if he has a good “end game” and knows how to use the remaining pieces to corner his opponent and declare checkmate. Is there an end game in play […]
High-yield investment programs (commonly known as “HYIPs”) have seen a recent surge in popularity, fueled by social media and savvy Internet marketing tactics. However, while these HYIPs often promise quick, substantial returns – in some cases as much as 100 percent per day – as the Financial Industry Regulatory Authority […]