In 2016, the Financial Industry Regulatory Authority (FINRA) barred a New Jersey man, the owner of Global Business Development and Consulting Corp., from continued securities activities. He had refused to appear for testimony in a case against him alleging that he...
Experiencing financial fraud of any kind can be demoralizing. We tend to see the fraud all at once as a sort of revelation. It suddenly dawns on us that we have been defrauded. You can almost feel the blood rushing from your head. Far too many investors blame...
The Financial Industry Regulatory Authority (FINRA) publicly posts statistics about the arbitration proceedings held under its auspices. As of this writing on August 5, the 2022 numbers are available through June, providing an interesting overview of the kinds of...
Can robotic traders (“bots”) get higher returns than ordinary traders by trading faster? It’s possible they do, but if so, the difference is unlikely to yield a significantly higher return on investment for anyone but professional traders. Almost certainly, bot...
