Imagine buying a flashy sports car when you really need a reliable family van for five kids instead. That is the essence of an inappropriate investment -- it does not align with your goals and needs. Did you know that financial professionals have an obligation to...
Securities Law Blog
What should a business disclose to you before you invest?
Before investing in a business, you need to be informed. It's vital to know any risks associated with a company's operations to avoid making unwise investments. What information do you have a right to? Laws protecting investors Under the Securities Act of 1933,...
What is investment churning?
When someone hires an investment firm or a financial advisor, they want that person to put their best interests first. The individual who is investing may believe that they don’t have the proper knowledge to maximize their investments. They do have the capital, but...
3 areas to address in a partnership agreement
One of the best ways to avoid disputes with a business partner is to create a partnership agreement. Don’t just set up a handshake deal or go into business together with no official structure. Sit down and iron out this legal agreement first. This way, you are both on...
Can you prevent disputes with your business partner?
Disputes between business partners are not uncommon. Fortunately, many partners manage to resolve them. However, it’s better to prevent conflicts. Here are few things that can help. Have a written partnership agreement A partnership agreement doesn't have to be in...
3 things to consider when going into business with a loved one
Going into business with a family member or friends has its advantages. For starters, you have an existing relationship – forming a business partnership can feel natural. Further, you understand each other's strengths and weaknesses. Accordingly, you will know how to...
What does business defamation look like?
In business, reputation is everything. A string of good reviews can see customers coming through your door for years. A single bad review can put a significant dent in progress. That being said, people are entitled to express their opinions freely. However, there is...
Who can legally grow cannabis in Kentucky?
Marijuana or cannabis laws in Kentucky have changed drastically in the last few years. Although the recreational use of cannabis is still illegal, the state has followed the example of many others by instituting a medical marijuana law. Individuals with certain...
Tips for dispute resolution with a business partner
Starting a business with a partner is kind of like starting a band. You've got the shared dreams and the blend of talents. But you also have the occasional creative differences about which direction to take next. And just like in a band, when those differences turn...
How the Corporate Transparency Act could affect investors
Those investing in businesses would often prefer to do so discreetly. People don't want to have their names tied to specific companies or have the extent of their personal resources made public knowledge. Many investors, including those who provide substantial...