by Nicholas J Guiliano on February 4th, 2012
Fort Lauderdale, Florida, February 4, 2012 (Globe Newswire) –Royal Alliance Associates, an AIG Advisor Group division owned by American International Group (NYSE: AIG), sued victims of a Ponzi scheme to block pending FINRA arbitration claims, where the victims have alleged that Royal Alliance Associates failed to supervise the sales agents who sold the fraudulent investments, says Sonn & Erez PLC, cocounsel for the victims...
by Nicholas J Guiliano on October 18th, 2011
On October 4, 2011, a FINRA Arbitration Panel sitting Portland, Oregon, in the matter of James D. Brogden, et. al. v. Merrill Lynch Pierce Fenner & Smith, Inc., FINRA Arbitration Number 10-01725 rendered an arbitration award against Merrill Lynch for $96,049 of the $309,358 in damages sought in connection with the recommendation to purchase Federal National Mortgage Association, ("Fannie Mae") Series T, 8...
Brokers who failed to fess up about debts to the tax authorities are hit with fines and suspensions.
by Nicholas J Guiliano on September 22nd, 2011
The Financial Industry Regulatory Authority, or FINRA does not take kindly to stockbrokers who fail to disclose tax liens, perhaps because such behavior can signal untrustworthiness, the last thing you want to see in a stockbroker...
by Nicholas J Guiliano on September 14th, 2011
The migration of stockbrokers into the advisory arena through the marketing of brokers as ¡®trusted advisers¡¯ and ¡®financial advisors¡¯ over the years has fueled confusion among investors as to the services provided by stockbrokers and investment advisers as well as the level of protection...
by Nicholas J Guiliano on August 24th, 2011
Welcome to the age of the Ponzi Scheme, the result of the non-regulation of "hedge funds." Madoff, Nagel, Stanford, Spitzer, the list goes on and on, millions, tens of billions of dollars swindled by Ponzi scheme scam operators, always, or at least most often leaving investors with nothing, except whatever meager sum the government may have seized, or that the Trustee seeks to collect in claw backs from other investors...
by Nicholas J Guiliano on May 16th, 2011
The Financial Industry Regulatory Authority, recently filed a proposed rule change with the U.S. Securities & Exchange Commission to to adopt NASD Rule 2830 (Investment Company Securities or mutual fund shares) as FINRA Rule 2341 (Investment Company Securities) with certain important changes...
by Nicholas J. Guiliano on April 26th, 2011
Philadelphia, PA ? The Guiliano Law Firm. P.C. has announced the filing of securities arbitration claims before the Financial Industry Regulatory Authority (FINRA) on behalf of investors suffering losses in Inverse and Leveraged Exchange Traded Funds or ETFs...
Subscription
Article Archive