When individual investors engage in options account trading, the potential for monetary gain is there, but also risk of financial loss. Because options trading can be more complex than some other kinds of investment, retail (individual) investors may elect to rely on...
Across the country, a variety of commercial, government and nonprofit entities regularly outsource tasks to third parties. Whether to cut the costs of having employees do the work or to subscribe to the idea that cheaper is always better, when broker-dealer firms...
Unfortunately, financial greed drives some people to commit illegal fraud in the offering, registration or sale of securities. At our law firm, we advocate for investors with financial losses who have purchased securities tainted by untruthful information that falsely...
Many individuals use low- or no-commission brokers to purchase and sell their investments in various securities. While this seems like a good deal – and it probably is – federal regulators require discount brokers to diligently monitor whether their customers’...
Many people in the U.S. use stocks, bonds and other securities as major investment vehicles to help finance important personal and family goals. These retail investors – meaning individual, private, nonprofessional and noninstitutional investors – often turn to...
In part 1 of this post, we shared that the Securities and Exchange Commission’s (SEC’s) has adopted a final rule modernizing the investment adviser marketing and solicitation rules – calling the new regulation the “marketing rule.” In part 1, we describe the...
The Securities and Exchange Commission (SEC) has released a final rule change that will modernize the regulation of investment adviser advertising, which has not been done since 1961. The agency is calling it the “marketing rule.” Of course, over the decades...
We recently posted in this space about the surge in investment scams like Ponzi schemes and affinity fraud during the COVID-19 era. How can you protect yourself during the current coronavirus-related schemes and beyond? Recent insurance scam For example, a Florida...
In part 1 of this post, we talked about the role of the Financial Industry Regulatory Authority (FINRA) as a forum where investors can arbitrate claims of negligence, improper investment or fraud against their brokers or brokerage firms for problematic investments...
Performing an internet search for information about investment fraud reveals an almost shocking number of news stories on the topic. For example, a former broker and investment advisor was indicted on Aug. 5 in federal court for mail and securities fraud for allegedly...
