Most Financial Advisers Don’t Understand Alternative Investments According To...
Given the array of exotic alternative investments being sold to the public, it’s logical that many investors often don’t understand what they are buying. What is even scarier is that it is likely their...
View ArticleRegulators Eye the Role of Investment Wholesalers in Providing Misleading...
The Financial Industry Regulatory Authority (FINRA) is showing stepped-up interest in the role of broker-dealers and individuals that act as wholesalers in the sale of private (Reg D) offerings that...
View ArticleConflicts of Interest and Complex Products Highlight Concerns about Wall Street
Broker-dealers’ conflicts of interest and the proliferation of complex financial products being sold by financial advisers are the top areas of concern to the Financial Industry Regulatory Authority...
View ArticleThompson National Properties Defaults on Notes Sold to Investors
Investors in The TNP 12 Percent Notes Program LLC issued by Thompson National Properties LLC are no longer receiving interest payments on the notes, as interest payments have been suspended. (See “Real...
View ArticleNew Scams Threaten Investor Nest Eggs
New types of scams are posing threats to investor well-being. The North American Securities Administrators Association (NASAA), a group of state securities regulators) has identified four new types of...
View ArticleInsurance Companies Raise Red Flags on Certain Alternative Investments
The recent actions of errors and omissions insurance carriers should serve as a major red flag to investors. Many of these carriers are refusing to issue coverage for sales of certain alternative...
View ArticleWill Alternative Investments Fuel the Next Financial Debacle?
Investors are being sold more and more alternative investments and large broker-dealers are ramping up to supply that demand, according to the Wall Street Journal (“Alternatives Get a Boost”). The...
View ArticleAlternative Investments Begin to Haunt LPL Financial
LPL Financial, the country’s largest independent broker-dealer, is encountering serious problems involving its sales of alternative investments. LPL is also (not coincidentally) one of the country’s...
View ArticleLow Yields Push Investors into Very Risky Alternatives
The financial world continues to beat the drum warning investors about the risk of bonds. When interest rates rise (or when the market believes a significant rise in interest rates is imminent) bond...
View ArticleFront-End Bonus Payments May Need To Be Disclosed
If your broker or financial adviser told you he was moving to another brokerage firm and asked you to move your account there, would you want to know if he was being paid thousands or millions of...
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