In prior posts, this Blog has written about the financial exploitation and abuse of vulnerable adults. (Here, here and here.) Late last month, CNBC ran a story about this growing …
Under Section 10 of the Federal Arbitration Act (“FAA”), a party can vacate or modify an arbitral award under four narrow circumstances: “(1) where the award was procured by corruption, …
Yesterday, the House of Representatives voted along party lines to repeal many of the regulations enacted after the 2008 financial crisis under the Dodd-Frank Wall Street Reform and Consumer Protection …
The Fiduciary Rule (the “Rule”) is designed to protect investors receiving investment advice about qualified retirement plans and individual retirement accounts (“IRAs”) by requiring all registered brokers, financial advisers, and …
On April 26, 2017, the House Financial Services Committee (the “Committee”) held a hearing, entitled “A Legislative Proposal to Create Hope and Opportunity for Investors, Consumers, and Entrepreneurs.” (Here.) The …
One remedy the Securities and Exchange Commission (“SEC” or “Commission”) has long relied upon in cases involving broker misconduct is disgorgement. In a nutshell, disgorgement is a remedy that requires …
In prior posts, this Blog has written about the financial exploitation and abuse of vulnerable investors (here and here). The financial exploitation and abuse of vulnerable investors (e.g., senior citizens …
Financial exploitation and abuse is all too common in today’s day and age. In fact, it is one of the fastest-growing forms of abuse of seniors and adults with disabilities. …
The Financial Industry Regulatory Authority, Inc. (“FINRA”) has proposed a rule change that will allow broker-dealers to project the performance of investment strategies or asset allocations, but not specific stocks, in communications …
Last month this blog wrote about the Securities and Exchange Commission’s list of exam priorities for 2017 here. Included in that list was a focus on registered representatives and employers …
