Posts belonging to Category Investment Advisers
Posted by Alan PerryonMarch 6, 2013
Why do investors continue to be enamored with hedge funds and other alternative investments? The press recently reported that institutional investors are expected to increase allocations to hedge funs by 300% this year, and hedge fund assets are expected to increase by 11% to $2.5 trillion, according to the 11th annual survey of institutional investors […]
Categories: Alternative Investments, Brokerage Firms, Closed End Funds, Common Securities Broker Abuses, Derivatives, Early Retirement Scams, Elder Abuses, Exchange Traded Notes (ETNs), Exchange Traded Products (ETPs), Exchange-Traded Funds (ETFs), Fairness/Just & Equitable Conduct, Hedge Funds, High Yield (Junk) Bonds, Investment Advisers, Investment Malpractice, Investor Alerts, Limited Partnerships, Market Developments, Misrepresentation/Omission, Nontraded REITs, Oil & Gas, Preferred Stocks, Private Equity Investments, Private Investments/Reg D, Reverse Convertibles, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Structured Notes, Unsuitable Recommendations, Variable Annuities and Equity-Indexed Annuities
Posted by Alan PerryonMarch 4, 2013
Recent warnings regarding dangers in the bond market were recently issued by bond maestro Bill Gross. These warnings are reminiscent of Alan Greenspan’s implicit warning in a 1996 speech when he asked: “How do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions?” Specifically, Mr. […]
Categories: Alternative Investments, Bonds, Brokerage Firms, Church Bonds, Common Securities Broker Abuses, Early Retirement Scams, Elder Abuses, Exchange Traded Notes (ETNs), Exchange Traded Products (ETPs), Exchange-Traded Funds (ETFs), Fairness/Just & Equitable Conduct, High Yield (Junk) Bonds, Investment Advisers, Investment Malpractice, Investor Alerts, Life Policies/Viatical Settlements, Limited Partnerships, Misrepresentation/Omission, Nontraded REITs, Oil & Gas, Private Investments/Reg D, Promissory Notes, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Structured Notes, Unsuitable Recommendations
Posted by Alan PerryonMarch 2, 2013
J. P. Morgan Chase has announced plans to cut 17,000 jobs over a two-year period and cut $1 billion of expenses this year. The announcement was made at an Investor Day presentation in New York. The bank employs nearly 260,000 people worldwide. Over the past several years, CEO Jamie Dimon reportedly had been adamant that […]
Categories: Brokerage Firms, Economy, Employment Issues, Investment Advisers, J. P. Morgan Chase, Jobs, Market Developments, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation
Posted by Alan PerryonMarch 1, 2013
Is the federal government really getting tougher on white-collar crime? Faced with criticism for not holding big banks and their senior executives accountable for their behavior leading up to the financial crisis, the U.S. Department of Justice (“DOJ”), which prosecutes federal crime cases, is developing a new model for dealing with alleged financial crimes perpetrated […]
Categories: Brokerage Firms, Common Securities Broker Abuses, Investment Advisers, Investment Malpractice, Investor Alerts, Misrepresentation/Omission, Ponzi Schemes, Regulatory Developments, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation
Posted by Alan PerryonMarch 1, 2013
As the population ages and investors’ financial acumen decline, financial advisers will be forced to assume additional duties and responsibilities in order to avoid liability exposure. For example, Alzheimer’s disease will raise legal and ethical challenges for investment advisers over the next 40 years as the incidence of that dread disease is expected to nearly […]
Categories: Brokerage Firms, Common Securities Broker Abuses, Early Retirement Scams, Elder Abuses, Fairness/Just & Equitable Conduct, Investigations, Investment Advisers, Investment Malpractice, Investor Alerts, Misrepresentation/Omission, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools, Unsuitable Recommendations
Posted by Alan PerryonFebruary 28, 2013
Financial advisers continue to object to a recent rule that grants securities regulators more access to potentially relevant documents under the adviser’s control. The Securities and Exchange Commission has approved a rule change proposed by the Financial Industry Regulatory Authority (FINRA) that significantly increases FINRA’s ability to discover a member firm’s documents. FINRA is now […]
Categories: Brokerage Firms, Common Securities Broker Abuses, Employment Issues, Fairness/Just & Equitable Conduct, Investigations, Investment Advisers, Investment Malpractice, Investor Alerts, Jobs, Regulatory Developments, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation
Posted by Alan PerryonFebruary 26, 2013
The financial world continues to beat the drum warning investors about the risk of bonds. When interest rates rise (or when the market believes a significant rise in interest rates is imminent) bond prices will fall, and investors in bond funds and individual bonds will suffer declines in value and/or losses. Retirees and others, who […]
Categories: Alternative Investments, Bonds, Brokerage Firms, Closed End Funds, Common Securities Broker Abuses, Derivatives, Early Retirement Scams, Elder Abuses, Exchange Traded Notes (ETNs), Exchange Traded Products (ETPs), Exchange-Traded Funds (ETFs), Fairness/Just & Equitable Conduct, Hedge Funds, High Yield (Junk) Bonds, Investigations, Investment Advisers, Investment Malpractice, Investor Alerts, Limited Partnerships, Misrepresentation/Omission, Mutual Funds, Nontraded REITs, Oil & Gas, Private Equity Investments, Private Investments/Reg D, Promissory Notes, Reverse Convertibles, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Structured Notes, Tenant-in-Common Interests, Unsuitable Recommendations, Variable Annuities and Equity-Indexed Annuities
Posted by Alan PerryonFebruary 25, 2013
On February 8, 2013, a Financial Industry Regulatory Authority (FINRA) arbitration panel ordered Deutsche Bank and its former registered representative, Karl Hahn, to pay $934,000 to a couple who had sought to recover $2,193,931 for losses associated with the improper sale of premium-financed life insurance. The award included $100,000 in attorney’s fees. Hahn worked in […]
Categories: Alternative Investments, Brokerage Firms, Common Securities Broker Abuses, Deutsche Bank, Early Retirement Scams, Fairness/Just & Equitable Conduct, Insurance Products, Investment Advisers, Investment Malpractice, Investor Alerts, Misrepresentation/Omission, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Unsuitable Recommendations
Posted by Alan PerryonFebruary 25, 2013
Merrill Lynch has agreed to pay $12 million to settle wage and hour class action lawsuits filed by employees seeking compensation for overtime. The period in dispute is between 2010 and 2012. The employees are referred to as “client associates,” whose job is to support the financial advisers by serving clients and developing new business […]
Categories: Bank of America, Brokerage Firms, Economy, Employment Issues, Investment Advisers, Jobs, Market Developments, Merrill Lynch, Securities/Commodities Arbitration, Securities/Commodities Litigation
Posted by Alan PerryonFebruary 20, 2013
Investors in search of fixed income have poured money into a variety of alternative investments, including nontraded real estate investment trusts (REITs). Alternative investments encompass most investments other than traditional stocks and bonds and mutual funds that hold stocks and/or bonds. There are three basic clusters of problems that investors who are considering these products […]
Categories: Alternative Investments, Brokerage Firms, CDOs, Closed End Funds, Common Securities Broker Abuses, Crowd Funding, Derivatives, Elder Abuses, Exchange Traded Notes (ETNs), Exchange Traded Products (ETPs), Exchange-Traded Funds (ETFs), Fairness/Just & Equitable Conduct, Hedge Funds, High Yield (Junk) Bonds, Investigations, Investment Advisers, Investment Malpractice, Investor Alerts, Life Policies/Viatical Settlements, Limited Partnerships, Misrepresentation/Omission, Nontraded REITs, Oil & Gas, Private Equity Investments, Private Investments/Reg D, Promissory Notes, Reverse Convertibles, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Structured Notes, Supervisory Failures, Unsuitable Recommendations, Variable Annuities and Equity-Indexed Annuities
