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Who regulates advisors and stockbrokers?
Brokers must register with FINRA and with the states in which they do business or have clients. Financial planners,...
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How can an investor check out a broker?
Before hiring an investment professional, I advise all investors to examine the advisor’s background. Either your state securities commission...
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I have lost money in bond funds or bonds. Can I bring a case for securities fraud about bonds?
Yes. The securities laws cover many kinds of investments: stocks, bonds, private placements, promissory notes, preferred securities, auction rate...
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I have learned that a group of us were sold the same investments by our broker. Can the group bring one arbitration rather than having to file separate cases?
Yes. FINRA rules allow a group of relatives, friends, members of the same congregation or any other group with...
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Should I find a new broker before contacting an attorney?
If you believe that your broker or advisor has misled or defrauded you, it is important that you act...
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What if I did not keep notes about what my broker told me, but he outright lied to me regarding an investment? Can I still bring a claim?
You may have a viable claim depending on the kinds of investments you were sold, documents available from the...
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What is a Securities Arbitration?
Most brokerage firms require its customers to sign an agreement when they open an account agreeing to take their...
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I have learned that a family member who is now in a nursing home or who is deceased lost money in investments. Can I do anything about it?
Often elderly and infirm people are seen as “lambs to be slaughtered” by foxes in the securities business. Although...
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How Long Does an Investor Have to Bring a Claim?
The securities fraud and other laws have statutes of limitations that require investors to proceed promptly with legal action....
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What Kinds of Cases Against Investment Professionals are Most Common?
There are primarily four common cases against Investment Professionals. These are as follows: A. Churning. “Churning” or excessive trading...
