29 results

• Senior Financial Abuse, Exploitation Targeted by Proposed FINRA Rules

  November 11, 2015

  Irvin Jackson

  New financial industry rules have been proposed, which are designed to protect seniors and those with disabilities from abuse and exploitation, requiring firms to be more proactive.

• Elder Financial Abuse Problems to be Targeted by FINRA Guidance

  June 19, 2015

  Irvin Jackson

  FINRA is working on a new guidance to prevent elder financial abuse while protecting client rights.

• FINRA Issues E-Cigarette Investment Fraud Warning

  December 24, 2014

  Irvin Jackson

  FINRA is warning investors of scams linked to electronic cigarettes after one company had trading of its stock suspended.

• Merrill Lynch Mutual Fund Charges Draw $100M in Fines, Fees by FINRA

  June 19, 2014

  Irvin Jackson

  Merrill Lynch will pay out nearly $100 million to make up for overcharging charities and retirement funds for mutual fund sales.

• Securities Fraud Class Action Lawsuits Standards Weighed By Supreme Ct.

  March 21, 2014

  Irvin Jackson

  The Supreme Court is weighing whether to place new restrictions or to ban some investor class action lawsuits.

• Puerto Rico Bond Arbitration Claims Overwhelming FINRA

  March 13, 2014

  Irvin Jackson

  FINRA has placed a stay on UBS Puerto Rico bond fund claims, saying it doesn't have enough arbitrators to handle the flood of cases.

• FINRA Investor Arbitration Win Rate Drops to Six Year Low: Report

  February 12, 2014

  Irvin Jackson

  The number of investors who pursued arbitration claims through FINRA dropped again last year, and the percentage of people who were awarded damages dropped to the lowest level since 2008.

• UBS Says Puerto Rico Bonds to be Downgraded to Junk

  February 3, 2014

  Irvin Jackson

  Expect junk status for Puerto Rico bonds within a month, UBS analysts warn, as the company is targeted by investors who claim they were defrauded by UBS Puerto Rico bonds.

• Securities Class Action Settlements Stayed Near Record Lows in 2013

  January 30, 2014

  Irvin Jackson

  A new report indicates that there were more securities class action lawsuits filed last year, but the rates of settlement remain at near-record lows, suggesting that companies may be less willing to resolve the cases out-of-court.

• UBS Puerto Rico Bond Investor Losses in Billions: Report

  January 13, 2014

  Irvin Jackson

  UBS investor in Puerto Rico Bond funds may have lost $1.66 billion over the first three quarters of 2013, according to a new report.