JP Morgan Securities – Big Doesn’t Mean Better JPMorgan Chase is the largest bank in the United States and the 7th largest in the world. With assets of $2.86 trillion, it certainly is big. It also claims to be one of the oldest financial institutions in the country. But that doesn’t mean its brokerage arm […]
Investment Fraud Roundup – September 2013
This post summarizes recent enforcement actions against stockbrokers. You may be able to recover your money if you suffered losses as a result of investment fraud, unregistered offerings of securities, excessive trades, unauthorized trades, bad investment advice (suitability rules), or broker misconduct. Kevin Cline, Robert Burr, Vincent Christopher & Thomas Gilleland – Source Capital Group Kevin […]
Massachusetts Targets REITs… Again
We have written many posts about REITs – Real Estate Investment Trusts. They can be great investments but many have liquidity problems. Stockbrokers often recommend them to the wrong customers as well. In May, Massachusetts Secretary of State William Gavin announced that five brokerage firms had agreed to pay restitution of $6.1 million to settle […]
"Should I Stay or Should I Go" – FINRA's New Suitability Rules (Stockbroker Fraud)
by Brian Mahany “One day is fine, next is black So if you want me off your back Well come on and let me know Should I stay or should I go? … If If I go there will be trouble An if I stay it will be double… Should I stay or should I go…” […]