Posts Tagged "Securities Litigation"

FINRA Investor Alert – Frontier Funds

Posted by on Oct 25, 2014 in Securities Arbitration, Securities Litigation | 0 comments

FINRA has issued an Investor Alert for frontier funds.  These funds target investments in developing countries with undeveloped securities markets.  Some of those countries include Argentina, Lebanon and Nigeria.  FINRA is concerned that investors may or may not realize the risks of investing in those types of markets.  According to FINRA, many of these developing markets may not have the legal, accounting and regulations that investors may otherwise have experienced.  As such, those types of investments should be considered carefully before moving forward. Read the entire article by...

Read More

JPMorgan Chase Brokers Favoring Bank’s Own Funds

Posted by on Jul 8, 2012 in News, Securities Arbitration | 0 comments

The NY Times published a report this week that suggest that JPMorgan Chase used its brokers to sell its own financial products even though there were better performing or cheaper options available to their customers.  In the case of at least one offering, the bank exaggerated the returns of what it was selling in its marketing material. Apparently, the bank encouraged these types of investments to improve its own financial situation at the expense of its customers.  By encouraging investments in its own funds and products, the bank secured a stable source of funds which contributed fees to...

Read More

SEC Investor Bulletin: Trading Suspension

Posted by on May 20, 2012 in News, Securities Arbitration | 0 comments

The SEC issued a new Investor Bulletin which provides a detailed explanation of the procedures employed in suspending the trading of a stock.  It is important for an informed investor to understand the rules which apply to the trading of stocks especially when participating in transactions which might involve what would be described as marginal companies.  An informed investor would certainly want to understand the risks associated with such companies and the possibility that the trade of those companies might be suspended.  If your stock broker of investment adviser has recommended such a...

Read More

FINRA Makes Changes to BrokerCheck

Posted by on May 19, 2012 in Securities Arbitration | 0 comments

FINRA has recently made several changes to its BrokerCheck system that will allow investors to gather more information about their registered representatives than ever before. The new report format provided detailed disclosure information regarding any disciplinary issues or disputes that might be in the broker’s past.  The report also provides information regarding an individual’s registration as an investment adviser.  Previously a person reviewing a broker or adviser would have had to do multiple searches to obtain all of the information now contained in one location. The...

Read More

FINRA Investor Alert — Fake Regulator Websites

Posted by on Apr 30, 2012 in Securities Arbitration | 0 comments

FINRA has recently issued an alert to investors regarding the proliferation of fake regulator websites which the scam artists are using to establish credibility for their investment scams.   Once convinced regarding the authenticity of the offer, investors are asked to forward a “fee” to the scam artist to pay for their efforts.  As one would imagine, once the money is gone the investor never hears from the crooks again. Similarly, investors outside of the United States have reported receiving telephone calls from individuals representing shares in Facebook and other social networking...

Read More