Investors can pursue fraud, suitability and negligence cases through FINRA against their financial advisors.
Investors in mutual funds should be aware of common fraudulent practices, including annuity switching.
Annuities are complex, high commission products that are not right for every investor.
Print this ArticleIn August 2021, the Securities and Exchange Commission filed a complaint and an emergency motion for an asset freeze against John Woods, Southport Capital and Horizon Private Equity Fund. In that complaint, the SEC alleged that John Woods and other employees at Southport Capital operated Horizon Private Equity as a ponzi scheme. The […]
Print this ArticleEverything Investors Need to Know about Brokerage Account Transfers If you’re not happy with your broker, you shouldn’t let the fear of transferring your accounts stop you from changing brokerage firms. The United States Securities and Exchange Commission (SEC) has rules and regulations that both delivering and receiving firms must comply with to […]
Print this ArticleAn Investor’s Guide to Wash Sale Rules and Tax Loss Harvesting Do you know what a wash sale is? How about tax loss harvesting? If you’re an investor, you’ll want to learn and commit these terms to memory. Why? Because these terms can help you save significant money on your taxes. No […]
Print this ArticleRobinhood’s Historic $70 Million Fine: What Investors Need to Know Robinhood Financial has built a multibillion-dollar brand on the promise to “democratize” and “demystify” investing. While striving to help people succeed is an admirable idea, recent events have suggested the reality of the situation is quite different. On June 30, 2021, FINRA, the […]
Print this ArticleTrading Interruptions: What Investors Need to Know about Broker and Exchange Outages and Restrictions As an investor, you’ve likely grown accustomed to dealing with periods of volatility. However, the pandemic and other recent events have created even higher levels of uncertainty for market participants, especially in early 2020. Statistics show just how much […]