Recent Investor Newsletters

June 2014

  • Investor Alerts:
    • SEC Alert: Check Out Your Financial Professional
    • High-Yield CDs: Red Flags That Signal a Scam
  • Podcast: Asset Allocation
  • FINRA News:
    • FINRA Hearing Panel Expels Success Trade Securities and Bars CEO Fuad Ahmed for Fraudulent Scheme
    • FINRA Fines Merrill Lynch $8 Million; Over $89 Million Repaid to Retirement Accounts and Charities Overcharged for Mutual Funds
    • FINRA's Statement on Chair White's Enhancing Our Market Structure Speech
    • FINRA Fines Barclays Capital, Goldman Sachs and Merrill Lynch $1 Million Each for Submitting Inaccurate Blue Sheet Data
    • FINRA Makes Dark Pool Data Available Free to the Investing Public

 

May 2014

  • Investor Resources:
    • What You Need to Know About Concentration Risk
    • Your Credit Score and Financial Health
  • Investor Alert: Bitcoin and Other Virtual Currency-Related Investments
  • FINRA News:
    • FINRA Fines Morgan Stanley Smith Barney LLC $5,000,000 for Supervisory Failures Related to Sales of Shares in 83 Initial Public Offerings to Retail Customers
    • FINRA Rule Change to Limit Self-Trading Approved
    • Board Decision Finds Charles Schwab & Co. Violated FINRA Rules by Adding Waiver Provisions in Customer Agreements Prohibiting Customers From Participating in Class Actions; Reverses FINRA Hearing Panel Decision
    • FINRA Board Approves Amendment to Supervision Rule Requiring Firms to Conduct Background Checks on Registration Applicants

 

April 2014

  • Investor Alert: Social Media and Investment Fraud
  • Investor Resource: Smart Management of Retirement Income
  • Investor Podcast: What You Need to Know About Mutual Fund Fees
  • FINRA News:
    • FINRA Launches Retrospective Rule Review
    • FINRA Fines LPL Financial LLC $950,000 for Supervisory Failures Related to Sales of Alternative Investments

 

March 2014

  • Investor Alerts:
    • Bitcoin: More than a Bit Risky
    • Beware of False Claims of SEC Registration
  • Investor Podcast: 5 Tips to Achieve Greater Financial Stability
  • FINRA Foundation Study Finds that Millennials Face Financial Struggles
  • FINRA News:
    • FINRA and BATS Order Citigroup Global Markets Inc. to Pay $1.1 Million for Illegal Short Selling In Advance of Five Public Offerings and for Related Supervisory Violations
    • FINRA Fines Triad Advisors and Securities America a Total of $1.2 Million for Consolidated Reporting Violations
    • FINRA Fines Berthel Fisher and Affiliate, Securities Management & Research, $775,000 for Supervisory Failures Related to Sales of Non-Traded REITs and Leveraged and Inverse ETFs

 

February 2014

  • Investor Alert: 5 Do's and Don'ts for Greater Financial Security
  • SEC Investor Bulletin: How Fees and Expenses Affect Your Investment Portfolio
  • FINRA Foundation and UnitedWay Worldwide Announce Grassroots Financial Education Grants
  • FINRA News:
    • FINRA Board Approves Rule Prohibiting Conditioning Settlements of Customer Disputes on a Customer's Agreement Not to Oppose Expungement
    • BATS Global Markets, FINRA Enter Regulatory Service Agreement
    • FINRA Fines Brown Brothers Harriman A Record $8 Million for Substantial Anti-Money Laundering Compliance Failures
    • FINRA Fines Banorte-Ixe Securities $475,000 for Inadequate Anti-Money Laundering Program and for Failing to Register Foreign Finders

 

January 2014

  • Investor Alert: The IRA Rollover: 10 Tips to Making a Sound Decision
  • Investor Podcast: Private Placements—Consider the Risks before Investing
  • FINRA Investor Education Foundation: FINRA Foundation and ALA Announce $1.19 Million in Grants to Public Libraries to Support Financial Literacy
  • FINRA News:
    • FINRA Bars J.P. Morgan Vice President and Broker Friend in Insider Trading Scheme
    • FINRA Orders Stifel, Nicolaus and Century Securities to Pay Fines and Restitution Totaling More Than $1 Million for Unsuitable Sales of Leveraged and Inverse ETFs, and Related Supervisory Deficiencies
    • FINRA Releases 2014 Regulatory and Exam Priorities
    • FINRA Fines Barclays $3.75 Million for Systemic Record and Email Retention Failures
    • FINRA Solicits Comment on Comprehensive Automated Risk Data System (CARDS) Proposal

 

December 2013

  • FINRA Investor Education Foundation: FINRA Foundation Releases Military Financial Capability Survey
  • Podcast: Stock Up on Information Before Buying Stock
  • FINRA News:
    • FINRA Fines Deutsche Bank Securities, Inc. $6.5 Million for Serious Financial and Operational Deficiencies
    • FINRA Fines COR Clearing LLC $1 Million for Extensive Regulatory Failures
    • FINRA Fines Oppenheimer $675,000 and Orders Restitution of More Than $246,000 for Charging Unfair Prices in Municipal Securities Transactions and for Supervisory Violations

 

November 2013

  • Investor Alert: Closed-End Fund Distributions—Where is the Money Coming From?
  • Podcast: Are You at Risk for Scams?
  • Investor News:
    • IRS Warns Consumers of Possible Scams Relating to Relief for Typhoon Victims
    • FINRA Releases Enhanced BrokerCheck Tool
  • FINRA News:
    • Self-Regulatory Organizations Response to SEC for Strengthening Critical Market Infrastructure
    • FINRA Fines TD Ameritrade Clearing and SG Americas Securities a Total of $1.8 Million for Required Options Positions Reporting and Supervisory Violations

 

October 2013

  • Investor Alert: Stock Up on Information Before Buying Stock
  • Fund Analyzer
  • Podcast: 6 Steps to Dig Yourself Out of Debt
  • FINRA Investor Education Foundation, National Center for Victims of Crime Release New Resource:
    Taking Action: An Advocate's Guide to Assisting Victims of Financial Fraud
  • FINRA News:
    • Statement from Chairman and CEO Richard G. Ketchum on FINRA's Report on Conflicts of Interest
    • FINRA Seeks Cease and Desist Order Against John Carris Investments and CEO George Carris for Fraud

 

September 2013

  • Investor Alert: Private Placements—Evaluate the Risks before Placing Them in Your Portfolio
  • Don't Make Payments to Individual Sales Reps
  • Podcast: Take Financial Control: Track Your Spending
  • FINRA Investor Education Foundation—Many of Us Are Exposed to Financial Scams
  • FINRA News:
    • Board of Governors Authorizes FINRA to File Recruitment Compensation Proposal with the SEC
    • FINRA Issues Public Statement, Framework Regarding FINRA's Approach to Economic Impact Assessment for Proposed Rulemaking
    • FINRA Fines Morgan Stanley $1 Million and Orders Restitution of $188,000 for Best Execution and Fair Pricing Violations in Customer Bond Transactions

 

August 2013

  • Investor Alerts
    • Marijuana Stock Scams
    • Cold Calls from Brokerage Firm Imposters—Beware of Old-Fashioned Phishing
  • Investor Resources: Monitor Your Financial Health
    • Podcast: 6 Tips for Working with Your Investment Professional
    • Are You Saving Enough for Retirement?
  • Our Story
  • FINRA News:
    • Regulators Issue Joint Staff Review of Firms' Business Continuity and Disaster Recovery Planning
    • Military Spouses Receive Fellowships to Conduct Financial Counseling
    • FINRA Fines Oppenheimer & Co., Inc. $1.4 Million for Sale of Unregistered Penny Stocks and Anti-Money Laundering Violations
    • FINRA Significantly Increases Transparency in the Mortgage-Backed Securities Market

 

July 2013

  • Investor Resources:
    • What You Need to Know About Brokered CDs
    • Investor Podcast: Alternative Funds Are Not Your Typical Mutual Funds
    • 10 Tips for Working With Your Investment Professional
    • FINRA Tool Features Morningstar Data
    • Our Story
  • FINRA Investor Education Foundation:
    • Numeracy Journal Features FINRA Foundation Study
  • FINRA News:
    • FINRA Joins Exchanges in Fining Newedge USA, LLC $9.5 Million for Supervisory, Regulation SHO, and Books and Records Violations
    • FINRA Fines StateTrust Investments $1 Million and Orders $353,000 in Restitution for Charging Unfair Prices in Bond Transactions