Will New FINRA Rule Increase Transparency in the Arbitrator Selection ?The proposed rule follows a highly publicized arbitrator selection controversy.Jan 17, 2023Jan 17, 2023
“Investomania”: What the SEC Wants Investors to Know About Risky InvestmentsThe SEC has debuted an educational campaign targeted at new investors. The “Investomania” ads highlight Investor.gov, a free resource from…Jun 28, 2022Jun 28, 2022
SP Fund Ponzi Scheme Allegedly Defrauded 2,200 Investors of $410 MillionThe SEC has alleged in a complaint that four formerly registered stock brokers banded together to create a Ponzi scheme that defrauded…Jun 3, 2022Jun 3, 2022
BlockFi Agrees to Pay $100 Million Fine for Risky, Unregistered InvestmentsCryptocurrency is an unregulated corner of the financial market. Because cryptocurrency markets are unregulated, uncertainty surrounds how…Mar 9, 2022Mar 9, 2022
FINRA Fines Wells Fargo and Merrill Lynch Millions of Dollars Over UIT MisconductInvestors Should Be Wary of UITs — Even from Trusted Names in FinanceJan 3, 2022Jan 3, 2022
Published inFinancial StrategyInvestors: Do You Know Where to Find Your Financial Advisor’s Misconduct Record?Are you doing your homework before you invest? Simply Googling a broker’s name is not enough — recent misconduct and small disputes might…Oct 17, 2021Oct 17, 2021
Do You Know These 7 Signs of an Investment Scam?Investors beware: Brokers may not always be what they seem. On July 27, 2021, the SEC issued an investor alert warning investors about…Aug 11, 2021Aug 11, 2021
Published inFinancial StrategyNew to Investing? Read This Before You Buy a Meme StockIn 2020, hordes of retail investors entered the market. So-called “meme stocks,” like GameStop and AMC, experienced huge share price…Jul 28, 2021Jul 28, 2021
Robinhood Markets: Were You Approved for a Risky Trading Strategy?Regulator FINRA says Robinhood did not offer enough oversight for risky options trading strategies.Jul 12, 2021Jul 12, 2021
Master Limited Partnerships: High Returns Come with Higher RisksOn the surface, many Master Limited Partnerships (MLPs) might look like healthy investments. If managed wisely, MLPs can offer…Jun 9, 2021Jun 9, 2021