Beware of Boiler-Room Style Calls

By Kristen Barros With decades worth of Securities and Exchange Commission (“SEC”) and Financial Industry Regulatory Authority (“FINRA”) warnings, boiler room-style scams have nonetheless been a successful tactic used by many scamming brokers. These calls consist of a surprise phone call by a broker with a high-pressure sales pitch urging customers to invest in different [&hellip

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Think Twice if Your Broker Suggests an MLP

By Jon Sallah In the current low-yield environment, investors and advisors have been seeking alternative investments that offer better returns than those that are currently available through banks or corporations. In recent years, investors and brokers began purchasing partnership units in Master Limited Partnerships (“MLPs”) because they offer higher than average yields in the form [&hellip

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Clinic Students Submit Comment Letter on Proposed FINRA Rule Change

On September 8, 2016, the Investor Rights Clinic (“IRC”) submitted a comment letter to the Securities and Exchange Commission (“SEC”) to share its opinion regarding a proposed change to FINRA Rule 2232. The proposed rule change would require broker-dealers to disclose mark-up and/or mark-down pricing information on retail customer confirmations for certain fixed-income securities when [&hellip

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Keep These Red Flags In Mind and Prevent Yourself From Falling Victim To an Annuity Scam

By Jessica Nowak For as long as investing has been around, people have been scammed into spending large amounts of their assets on products that are not suitable for their lifestyles. More specifically, charming brokers tend to convince elderly individuals to invest in annuities that end up being more costly than they are beneficial. Occasionally, [&hellip

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United Kingdom’s Decision to Leave the European Union Leaves an Uncertain Future for American Investors

By: Jeffrey J. Leavitt On June 23, 2016, in a historical vote, the people of the United Kingdom voted to leave the European Union. The “leave” vote beat the “stay” vote 52%-48%. Not surprising to many, the vote to leave sent shockwaves across world financial markets. In the trading day immediately following the “Brexit”, world [&hellip

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Brokers Burning Their Customers with Oil and Gas Investments

By Alex Rudner Despite the initial allure, investing in oil and gas can be extremely risky for investors, especially those who are invested with smaller oil companies. Over the past few years, oil and gas prices have continued to dwindle as supply has exceeded demand. With oil prices low, some people may believe that now [&hellip

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Bonds Go Green

By Flor Morillo Over recent years “Going Green” has been a recognized trend in many industries.  Green cars and appliances have become the standard.  As the current generation becomes more environmentally conscious and global warming is believed to be more than a hypothesis, more businesses have made an effort to adjust to the preferences and [&hellip

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Why Your Doctor or Lawyer May Owe You a Higher Duty Than Your Broker

By Erika Jensen When you visit your doctor for a checkup or medical emergency, you trust that your doctor will use his or her expertise to provide you with the medical care in your best interests. Similarly, when you retain an attorney, you expect that he or she will use their expertise to advise and [&hellip

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Smartphone Investing Applications

By Krystina Trogolo A new culture of investment has recently emerged. This new financial platform is redefining the conventional target market of investment sales to include first time investors with little capital disposal–i.e.- Generation Y. Now, in 2016, the average college graduate has $37,172 in student debt. Millennials are virtually unable to absorb the financial [&hellip

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Department of Labor Implements New Fiduciary Rule

By Kevin Shea On April 6, 2016, the Department of Labor rolled out the new “fiduciary rule” which will heighten brokers’ standard of care when making investment recommendations in their clients’ retirement accounts. It’s no secret that Americans are depending more and more on their IRAs and 401(k)s to support themselves in retirement. It’s also [&hellip

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