Articles Posted in General Investment News

Insured Municipal Bond – South Florida Municipal and Corporate Bond Investment Loss and Default FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq. Insured Municipal Bonds are insured against default be a Municipal Bond Insurance company such as MBIA and AMBAC Indemnity Corporation. The insurance company pledges to make all of the interest and principal…

South Florida Precious Metals Fraud, Misrepresentation and Breach of Fiduciary Duty Litigation and Arbitration Attorney: The Manhattan District Attorney’s Office recently announced that three Florida men who operated an investment scheme through a precious metals company have been indicted in New York City on charges they defrauded scores of investors out of millions of dollars.…

FAQ About Option Prices – Option Investment Loss FINRA Arbitration and Litigation Attorney: The option price is the market price at which an option contract is trading at any given time. The price of an option on a stock reflects the fact that it covers 100 shares of the common stock. For example, an option…

Cash Basis of Accounting, Accrual Method of Accounting and Modified Cash Basis: South Florida Accounting Negligence and Breach of Contract Commerical Litigation Attorney, Russell L. Forkey, Esq. The Cash Basis accounting method recognizes revenues when cash is received and recognizes expenses when cash is paid out. In contrast, the Accrual Method of accounting recognizes revenues…

Form U4 – Uniform Application for Securities Industry Registration or Transfer – South Florida Broker/Dealer and Account Executive Alert. The Form U4 is the Uniform Application for Securities Industry Registration or Transfer. Representatives of broker-dealers, investment advisers, or issuers of securities must use the Form U4 to become registered in the appropriate jurisdictions and with…

Corporate and Municipal Bond, Florida Investment Loss FINRA Arbitration and Commercial Litigation Attorney, Russell L. Forkey, Esq. A High-Yield Bond can be issued by a private or public company, as well as various municipalities and other governmental units. Many of these High-Yield Bonds are also known as Junk Bonds. These types of bonds usually have…

Program Trading – Boca Raton, West Palm Beach, Hollywood and Fort Lauderdale, Florida Investment Loss – FINRA Arbitration and Litigation Attorney: Program Trading is a computer-driven buying (buy program) or selling (sell program) of baskets of stocks by index arbitrage specialists of institutional traders. “Program” refers to computer programs that constantly monitor stock, futures, and…

Taxable Municipal Bond – South Florida Bond Investment Fraud, Mismanagement and Misrepresentation, FINRA Arbitration and Litigation Attorney: A taxable municipal bond is a taxable debt obligation of a state or local governmental entity. Taxable municipal bond are issued as private purpose bonds to finance such projects as a sports stadium, as municipal revenue bonds where…

Securities and Exchange Commission v. Jorge Bravo, Jr., Civil Action No. 13-CV-5116 (PGG) (S.D.N.Y., July 23, 2013) SEC Charges Florida Resident with Unregistered Sales of Securities Recently, the Securities and Exchange Commission filed settled charges against Florida resident Jorge Bravo, Jr., for unlawful sales of millions of shares of a microcap company to the public…

Municipal, Corporate and Revenue Bond – South Florida Breach of Fiduciary Duty, Breach of Contract and Negligence FINRA Arbitration and Litigation Attorney: A premium bond is a bond (Corporate, Revenue and Municipal) with a selling price above face or redemption value. For example, a bond with a face value of $1,000 would be called a…