Articles Posted in News of Interest to Seniors

Secured vs. Unsecured Corporate and Municipal Bonds – What happens if a company goes into bankruptcy? South Florida FINRA Arbitration and Litigation Attorney – You may be able to recover your investment losses. If a company defaults on its bonds and goes bankrupt, bondholders will have a claim on the company’s assets and cash flows.…

Basic characteristics of corporate and municipal bonds – South Florida FINRA Arbitration and Litigation Attorney – As an investor, you may be able to recover losses associated with your investment in corporate bonds. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the largest securities market in…

South Florida – FINRA Negligent Supervision FINRA Arbitration Attorney: Proposed Rule Change to Adopt the Consolidated FINRA Supervision Rules: Financial Industry Regulatory Authority, Inc. (“FINRA”) recently filed with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to adopt the consolidated FINRA supervision rules. Specifically, the proposed rule change would (1) adopt…

Executor – Executrix – South Florida Elder Abuse and Advocate Litigation Attorney: An Executor or Executrix is the administrator of an estate that is being probated. The administrator gathers the estate assets, files the estate tax return and final personal income tax return; and distributes the balance, of the estate, in accordance with the terms…

The Securities and Exchange Commission staff recently issued an Investor Alert in response to a number of fraudulent solicitations currently underway that purport to be affiliated with or sponsored by the federal government and legitimate securities regulators. If you are contacted by an organization calling itself the “Chicago Division of Securities,” the “Division of Securities,…

Fixed-Income Abuse, Fraud and Misrepresentation, Florida FINRA Arbitration and Litigation Attorney: A fixed-income investment refers to a security or other type of investment that pays a fixed return. Types of investments that generally fall within this category are government, corporate, or municipal bonds, which pay a fixed rate of interest until maturity, and to preferred…

Kenneth Richard Doctor – Registered Representative, Muskegon, Michigan: The Financial Industry Regulatory Authority, Inc. (FINRA) is a self-regulatory authority assigned the responsibility, by the Securities and Exchange Commission, to license, regulate and discipline securities broker/dealers and their employees, including account executives. In the event that FINRA elects to institute and enforcement action, firms and licensed…

Daniel Edward Becerril, II – Registered Representative, Huntington Beach, California: The Financial Industry Regulatory Authority, Inc. (FINRA) is a self-regulatory authority assigned the responsibility, by the Securities and Exchange Commission, to license, regulate and discipline securities broker/dealers and their employees, including account executives. In the event that FINRA elects to institute and enforcement action, firms…

Corey Lamar Battey – Registered Representative, Clermont, Florida: The Financial Industry Regulatory Authority, Inc. (FINRA) is a self-regulatory authority assigned the responsibility, by the Securities and Exchange Commission, to license, regulate and discipline securities broker/dealers and their employees, including account executives. In the event that FINRA elects to institute and enforcement action, firms and licensed…

Summary Judgment Entered Against Defendants Charged With Defrauding Investors In Fictitious Offerings The Commission recently announced that on December 17, 2012, the United States District Court for the Central District of California granted the Commission’s motion for summary judgment against all defendants and relief defendants in a civil action arising from two “prime bank” or…