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...
Investors should be aware of risk of stocks from China
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...
Investment fraud victims lost $576,000
Volunteering for and donating to charities is an excellent way for people in New York to give back and help others. When a situation arises in which it is possible to help a charity while also receiving a return on investment, it might feel like the perfect...
Can you identify unsuitable investments?
An unexpected investment loss can be upsetting, and your initial reaction may be to place the blame entirely on yourself. However, you may want to consider that decisions made by an adviser or broker could be responsible for the loss. Even if you had what you believed...
Advisers reprimanded for selling unsuitable investments
Investing is a smart idea for building additional income streams and building up savings for important things, like retirement and traveling. Making the right decisions regarding investing can be difficult though, which is why people in New York often turn to...
Does your RIA have insurance for unsuitable investments?
Seeking guidance from a financial adviser is a common occurrence in the world of individual investing. These financial advisers are supposed to not only provide their experienced input, but should also respect the wishes of the investor when it comes to taking risky...
Baby Boomers, blockchain and boiler rooms
As an investor, you are always looking for a new market or a piece of information that will give you a competitive edge. When discovering new information on the latest opportunities, you are rightfully skeptical of some and seize upon others. The integration of...
How Seniors Can Protect Themselves From Investment Fraud
Investing is exciting, and it's easy to get caught up in the promise of fast money. That being said, investment fraud is unfortunately all too common - especially among seniors. Sadly, many scammers attempt to prey on older people, as they believe they may be able to...
$18.5 Million FINRA Arbitration Award Against UBS; 2 Investors Represented By Timothy J. Dennin Compensated
The Financial Industry Regulatory Authority (FINRA) has reported an $18.5 million record security arbitration decision against UBS Financial Services to clients who invested in Puerto Rico closed-end municipal bond funds. The clients were represented by the prominent...