Reg BI | Law 360 | June 5, 2020 “Law360 (June 5, 2020, 7:17 PM EDT) — With the compliance deadline for the U.S. Securities and Exchange Commission’s Regulation Best Interest fast approaching on June 30, broker-dealers and those…
Securities Fraud
“Paying the Price for Killing a Real Fiduciary Rule”: Risky, High-Commission Investment Schemes Already Being Promoted to Unwary Investors Hit With Major Portfolio Losses; How to Spot and Avoid Four Types of the Worst Investment Situations. NEW…
Investments | The New York Times | Tara Siegel Bernard | March 13, 2020 Investments: Fixed-index annuities are often pushed as a panacea to plunging markets “As markets plunge, investors are likely to see more pitches from annuity…
Stock | The New York Times | Neil Irwin | March 12, 2020 Something is breaking down in the workings of the financial system “It has been an unsettling week on global financial markets, and not just because the stock…
GPB | Tamba Bay Times | Tracey McManus | March 11, 2020 GPB: Ponzi scheme and connections to a Russian crime figure allegations CLEARWATER — The office in downtown’s One Clearwater Tower is nondescript, with a single door on the…
Retirement | CNBC | Jessica Dickler | March 11, 2020 “The coronavirus is sending shockwaves through the economy, and even those looking for a safe haven can’t find much relief. In the wake of an emergency rate cut by…
Triad Advisors | Investment News | Bruce Kelly | March 11, 2020 “Legal woes are increasing for at least one broker-dealer that sold GPB Capital Holdings’ private placements. Triad Advisors is facing nine investor lawsuits alleging negligence on behalf of…
Economy | USA TODAY | Paul Davidson | March 11, 2020 Cascade of unnerving news cast a shadow over financial markets and the economy “A cascade of unnerving news cast a shadow over financial markets and the economy late…
Dow Jones | The Wall Street Journal | Akane Otani and Karen Langley | March 11, 2020 Declines accelerated after the World Health Organization declared the new coronavirus a pandemic “U.S. stocks dropped sharply Wednesday as investors anxious…
Bear market | CNBC | Alicia Adamszyk | March 11, 2020 A bear market marks a 20% decline in stocks “The Dow closed down over 1,400 points Wednesday, ending its historic bull market run and entering bear market territory…