Fully 7% of practicing financial advisors regularly engage in professional misconduct, according to a comprehensive study by the National Bureau of Economic Research. At larger firms, the rate of misconduct is closer to 15%.
We write to steer you away from legal products and practices that serve Wall Street reps and firms more than clients. You should also be aware that many ‘pros’ go even further; they commit ourtright fraud and theft.
The links below contain articles on recent frauds. Forewarned is forearmed.
- Investment Fraud – CNBC news feed
- Securities Fraud – Associated Press news feed
- Regulatory Actions – On Wall Street news feed
- Stockbroker Fraud News (a service of the Giuliano Law Group P.C.)
- Stock Fraud News and Information (a service of Fitapelli and Kurta)
- SEC Press Releases
- SEC Litigation Releases
- SEC Administrative Proceedings