Tag Archives: SEC

FINRA Alert: Structured Notes with Principal Protection

Structured Notes With Principal Protection: Note the Terms of Your Investment As reported by FINRA.org The retail market for structured notes with principal protection has been growing in recent years. While these products often have reassuring names that include some … Continue reading

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SEC Charges Bay Area Investment Adviser for Not Disclosing Conflict of Interest to Investors

As reported on SEC.gov, in Press Release 2010-174, September 29, 2010. The Securities and Exchange Commission today charged a Bay Area investment adviser with securities law violations for switching his clients between two related investments without informing them that the … Continue reading

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Corporations – Investment Company Act of 1940

Private party may not bring action for violation of Section 13(a) of Investment Company Act of 1940. A California Court of Appeal reversed the lower court’s decision in NORTHSTAR FINANCIAL ADVISORS, INC v. SCHWAB INVESTMENTS.  The district court held that … Continue reading

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Securities Regulators Publish Updated Best Practices for Firms Serving Seniors

As reported on SEC.gov, August 13, 2010. The Securities and Exchange Commission, Financial Industry Regulatory Authority (FINRA) and North American Securities Administrators Association (NASAA) today updated a joint report that outlines practices being used by financial services firms to strengthen … Continue reading

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SEC Sues New Jersey for Fraud

As reported on CNNMoney.com, by Ben Rooney, August 18, 2010. The State of New Jersey agreed to settle fraud charges brought by the Securities and Exchange Commission Wednesday after it became the first U.S. state ever to be accused of … Continue reading

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