Having a strong investment portfolio is important to many people here in the Northport area. However, there is a possibility that private investors can fall victim to fraud or misrepresentation on the part of their trusted broker or investment advisor. Fraud and other misconduct is not your fault As is the case often, private investors […]
Disclosure statements are often found at the end of investment research reports, often in tiny print that’s easy to miss. It’s easy to overlook this information. However, a disclosure statement can contain crucial information that can help guide your investment decisions. The Securities and Exchange Commission (SEC) requires all research reports to contain a disclosure […]
Recently filed criminal charges reinforce the notion that investors ask pertinent questions before investing and scrutinize the broker and representations regarding an investment. In this recent case, the U.S. Attorney’s Office for the Southern District of New York filed securities fraud charges against an unregistered advisor. The defendant, who allegedly went by the alias Dr. […]
The Financial Industry Regulatory Authority (FINRA) is designed to help protect investors from unscrupulous brokers and financial firms. To that end, FINRA has recently adopted some new rules designed to help protect seniors from financial exploitation. Seniors and the elderly are some of the most vulnerable people in our society. Scams designed to take advantage […]
Investors in New York, across the nation and its territories, are constantly searching for strategies to maximize their investments. In some instances, they are offered a financial opportunity that sounds like it has a good chance of succeeding. It may even appear to be too good to be true. Unfortunately, in the securities industry, there […]
Being the victim of securities fraud can be devastating on many levels. Securities fraud, and the harm it causes, can be extensive for victims and their families financially and emotionally. As a result, victims of securities fraud should be familiar with what securities fraud is and what can be done about it if they have […]
Many investors assumed that companies from China trading on U.S. exchanges and recommended by brokers have the same oversight and regulation as American businesses. But companies from China can shield their financial records from inspection. This reduces federal protections from audits that were intended to prevent securities fraud and protect investors. American law The 2002 […]
When you put your investment portfolio in the hands of your broker, you likely trusted that any decisions they made would be sound. Yet, upon scrutiny, some of their choices may seem at odds with your circumstances or needs. Your broker should protect your financial interests. If they have failed to do so, they may […]
Bravado is inherent to the tech startup culture. Entrepreneurs are, after all, trying to sell you something. Nobody wants to invest in a company founder who promises to restrict their thinking to inside the box while ensuring the envelope remains intact. Outright falsehoods delivered via unsupported exaggeration, however, are problematic. The latest tech company facing […]
Every day in New York and throughout the United States and its territories, people place their trust in financial advisers. They do so in the hopes that their investments will provide them profit and security. While many people in the financial industry do their jobs as instructed and adhere to the law while focusing on […]