Washington

/Washington

Update to Accredited Investor Definition Coming

The Securities and Exchange Commission recently met to discuss and hash out whether it should revise the standards that define an “accredited investor”.  Broker dealers […]

Fixing ERISA to Provide Sufficient Information

In my previous post, Fixing ERISA to Protect Against High Plan Fees, I discussed the failure of many 401(k)/404(c) plans to comply with ERISA’s fiduciary requirement to […]

Stockbrokers Disclosure Proposed Rule Pulled

FINRA has withdrawn a controversial proposed rule that would have forced stockbrokers to tell their clients why they decided to work at a given brokerage […]

Investor Credit Where Credit is Due

The SEC is currently examining potential changes to its definition of “accredited investor.” Section 413(b)(2)(A) of the Dodd-Frank Act of 2010 states that the SEC […]

Is Your Investment Loss Claim Eligible for Arbitration?

FINRA arbitration provides an efficient and cost-effective way for investors to resolve their investment loss claims. Discovery is streamlined, and dispositive motions such as motions […]

Financial Services – Is there Investor Protection?

The media says financial services is one of the most regulated industries in America. If that is true, how do you explain headline after headline […]