Articles Posted in General Investment News

North American Securities Administrators Association – 2010 Top 10 Investor Traps: A recent USA today article highlights the fact that investment scams usually increase when there is an economic downturn. The articles refers to The North American Securities Administrators Association’s recently released 2010 list of Top 10 Investor Traps which are as follows: 1. “Exchange…

Seniors Beware: What you Should Know About Life Settlements – South Florida Senior and Elder Financial Abuse Fraud, Misrepresentation and Breach of Fiduciary Duty Litigation and FINRA Arbitration Attorney: Life Settlements: Lately, more and more seniors are hearing about opportunities to sell their existing life insurance for cash in transactions known as life settlements. A…

Preventing Scams on Seniors Act: A recently introduced House bill would require certain financial institutions to help prevent fraud against senior citizens. Called the Preventing Affinity Scams on Seniors Act, HR 6305 targets so-called such schemes, in which a person trusted by an older American uses the relationship to defraud the individual. Under the bill,…

The Securities Act of 1933 and The Securities and Exchange Act of 1934 – South Florida, Fort Lauderdale, Hollywood, Davie, Boynton Beach, Boca Raton, Lake Worth and West Palm Beach, Federal and State Court Litigation and Arbitration Attorney: The Federal Securities Laws: The purpose of this post is to provide the reader with general information…

South Florida, including Dade, Broward, Palm Beach and Martin County, Securities and Investment Broker/Dealer, Investment Advisor and Private Fraud, Mismanagement and Misrepresentation Arbitration and Litigation Attorney What Constitutes a Security: What initially comes to most people’s minds when the word security is mentioned is a stock or bond. Yet, from a legal standpoint, the word…