FINRA Suspends Matthew Platnico, Former Allied Broker
Matthew Platnico (CRD# 2102086), formerly a broker registered with Allied Millennial Partners, made unsuitable and unauthorized trades, according to a Financial Industry Regulatory Authority (FINRA) sanction suspending him from acting as a broker. The enforcement action and its underlying allegations can be found on his BrokerCheck profile, a FINRA record accessed on July 25, 2023. […]
RBC is Fined $2.6 Million for Options Reporting Violations
RBC Capital Markets was fined $2.6 million by FINRA for a complaint related to options reporting violations. Here are the important details of the complaint: From January 2014 to December 2018, RBC failed to report OTC options positions in violation of FINRA Rule 2360(b)(5). The reporting failure by RBC resulted in errors in the reporting […]
Major Differences Between Warrants and Options: Know the Risks vs. Rewards
Although options and warrants might seem similar to each other, they have some important differences. Investors should understand the risks versus the rewards. In this article, we will discuss what is an option, what is a warrant, what their differences and similarities are, and what the pros and cons of each are. Investors should understand […]
ABCs of Options: What Novice Investors Should Know
The subject of options in investment is a broad one and can appear overwhelming to new investors. Options continue to be a hot topic in the news as investors in platforms like Robinhood drive interest. But how options work is quite simple if you know the basics. Options are merely another asset class that investors […]