Did you know – most stockbrokers and registered investment advisors (RIAs) are not required by law to carry errors and omissions insurance? Beginning July 31, 2018, with an amendment to the Oregon Securities Law, Oregon became only state in the nation to require certain state-regulated financial professionals to carry errors and omissions insurance. These financial…
Continue reading ›The news has been full of stories of investment losses. First, it was cryptocurrencies and related investments on a roller coaster ride of valuation. Then, in the last week, the major stock market indices followed… Dow Jones, S&P 500, Nasdaq… What is a Main Street investor to do? As a securities attorney representing investors in…
Continue reading ›Ten Red Flags of Investment Fraud We’ve updated our list of ten red flags that investors should be aware of: danger signs that point to potential mismanagement of an account or investment fraud by a financial advisor. These red flags are useful as you evaluate your own investments, review the investments of an elderly relative,…
Continue reading ›Selling Away Claims Under Investigation When a financial adviser sells an investment to a client that has not been investigated and approved for sale by his brokerage firm, it is called “selling away” in the financial services industry. Financial advisers and stock brokers who engage in selling away are effectively paid a commission under the…
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