How To Sue Your Financial Advisor
It is possible to sue your financial advisor if you feel that you have been wronged or unfairly treated by that individual or an advisory firm. However, the “lawsuit” that you would initiate in order to seek redress from an injury caused by the action or inaction of an individual broker or brokerage is not […]
Upright Financial Corp. Settles SEC Complaint Over Mutual Fund
The Securities and Exchange Commissioner (SEC) announced settled charges against Upright Financial Corp and its Founder, David Yow Shang Chiueh. Upright Financial is a registered investment company (RIC) that failed to comply with its fiduciary duties to its customers by managing funds contrary to internal policies and public disclosures. According to the order filed by […]
Complaint Filed Against Buttonwood Financial Group Over Fund Fees
Jon McGraw (CRD 2056654) and Buttonwood Financial were named in an SEC complaint. According to the complaint, filed in the United States District Court for the Western District of Missouri, Buttonwood allegedly charged transaction fees that should have been otherwise been included as part of the client’s advisory agreement. Nearly all of Buttonwood’s clients were […]
Understanding Complex Options Strategies and Spreads
Options are an exciting choice for investors because they can offer less risk than traditional investments. Still, some degree of risk does exist, as with all investments, which is why strategies exist to minimize that risk. Every options strategy works on something called an options spread. In this article, we’re going to explain what a […]
Vamsi Atreya Losses Investment Advisor License in DC
The District of Columbia Department of Insurance, Securities and Banking has entered an administrative order revoking the licenses of Vamsi Atreya (CRD 6219138) and Capital Management Group of Washington DC. Here is a copy of the order: Did You Lose Money Investing? Notice: JavaScript is required for this content. Print this Article
Avoid Being a Victim of Promissory Note Fraud
According to the North American Securities Administrators Association (NASAA,) promissory notes schemes are one of the most common sources of complaints by investors. Promissory notes are used by many large companies and high net worth investors to raise money and can offer high returns. However, the ones that are broadly marketed to individual investors very […]
Understanding Private Placement Investments
Private placements, also called alternative investments, are risky illiquid alternatives to the traditional stock market. Private placements include investments like non-traded REITs, business development companies and other “private equity” funds. Alternative investments are not safer than the stock market and have risks that are unique to the asset class. Are You An Accredited Investor? Private […]
Integrity Brokerage Services CEO Barred by FINRA
Joshua Helmle (CRD# 2195760) has been barred from acting as a broker, according to Financial Industry Regulatory Authority (FINRA) records accessed on November 4, 2021. The former Integrity Brokerage representative allegedly failed in his supervisory duties. If you have complaints regarding Mr. Helmle, call MDF Law at 800-767-8040 for a free consultation. You may be […]
Ponzi Scheme Prevention & Awareness Tips for NY Investors
Investment fraud schemes are estimated to cost US investors around $40 billion per year. Unsuspecting or inexperienced investors are particularly vulnerable, and many fall victim to investment fraud, losing hundreds of thousands of dollars. Even seasoned investors sometimes fail to detect a Ponzi scheme’s operation since some fraudsters create a convincing house of cards. In […]
What to Do if Your Broker Ignores Your Stop Loss Order
If your financial advisor ignores your instructions to place a stop loss order, do you know what to do? A Stop Order is an order to sell a security if its price reaches a certain value, called the “stop price.” If the stock price falls to or below this price, then the stop order automatically […]