If you work with a financial advisor, you depend on their expertise to handle your finances appropriately. After all, they are supposed to be the experts. It is distressing if you find that your financial advisor made misrepresentations about the risk or character of the investments or sold investments that were not suitable for your […]
When the SEC decided to initiation its lawsuit against Ripple over its cryptocurrency, XRP, the crypto-world was shocked as it was one of the few times the SEC sued over a cryptocurrency. One of the primary questions presented was whether the XRP coin qualifies as a security, and if so, can the SEC regulate it. […]
Risk is an unavoidable part of investing, but investors can manage their risks. One of the most important ways they do this is by relying on the knowledge of investment brokers. These brokers are required to sell only securities that they know to be suitable to their clients. If they sell unsuitable investments, they are […]
When parties have a dispute over securities, going to court is not always the first option to take. Many parties in New York choose to attempt to resolve their differences through alternative dispute resolution methods including mediation and arbitration. SEC Rule 12 allows for arbitration of disputes arising from the securities of business of the […]
Investing and managing finances is no longer limited to people of significant wealth, large businesses and those who are experienced in the ins and outs of the markets. There are benefits to this as people who were previously left to rely on others for advice and guidance can learn on their own and make decisions […]
Fraud is an ever-present risk to investors, as millions of people fall victim each year to Ponzi schemes and frauds involving market manipulation, advance fees and pyramid schemes. According to the FBI, these schemes often offer low- or no-risk investments with guaranteed or overly consistent returns. They target groups of people who connect or have […]
Perhaps it’s only natural that salespeople talk up the value of the goods or services they are selling. After all, they want to make a sale. To some extent, the buyer knows to expect some exaggeration from a salesperson, and takes this into account when deciding whether to go through with the purchase. That said, […]
For many people, the rise of online trading has been beneficial. For others, it has left them vulnerable to people with bad intentions who were behaving unethically and illegally. The number of scams and acts of fraud is substantial. There are ways to avoid unscrupulous brokers and people who claim to have an idea that […]
Investing your money comes with a certain amount of risk. But that risk should be at the hands of market forces, not your broker or financial adviser. Yet, all too often, innocent Americans are duped out of their life savings by dishonest and morally bankrupt people who work in the securities sector. Fortunately, some actions […]
Puerto Rico has been the site of several impressive financial booms and busts over the past 20 years. The island was given some favorable breaks by the U.S. Congress, including the unique tax treatment of investment revenues. As a consequence of these breaks, many investors established their businesses in San Juan, the island’s capital and […]