In less than a month, four shareholder lawsuits have been filed against Sotheby's. At issue is the famed auction house's acquisition deal with Patrick Drahi. The 55-year-old Drahi, known as a telecom mogul, is president of Altice, the French telecom group. In June, it...
The Securities Act of 1933 was created to protect investors after the 1929 stock market crash. The point of this legislation was to make sure that financial statements would be more transparent, making it possible for investors to make more informed decisions....
Most people dread the thought of leaving their financial adviser. Even if you don't have a particularly good relationship with them, they may have been handling your investments and other assets for years. Moving everything over to another firm can be difficult and...
You hear a lot about the stock market on the news or when you bring up financial topics like estate planning, retirement planning or just increasing your personal wealth. But have you ever wondered, for all of the people who seem to have a lot of opinions about...
How do you know when a financial advisor has your best interest at heart? It’s a question worth considering, especially as you draw near retirement and want to maximize the value of your portfolio.It’s also a question that new SEC rules should help you...
The U.S. Securities and Exchange Commission (SEC) is responsible for supervising the enforcement of federal securities laws. Kentucky and every other state in the country have their respective agencies that perform similar duties as well. They each regulate the sale...
