by scottlanelaw | Apr 14, 2020 | Scam Alerts
We are indeed living in unique times. The COVID-19 Pandemic has resulted in the near-total shutdown of the U.S. economy, a sharp increase in unemployment, and has spread fear and uncertainty across the country. The vast majority of Americans have met this challenge,...
by scottlanelaw | Sep 20, 2019 | Investor Advice
On June 9, 2019, six states and the District of Columbia filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) over a final rule issued by the SEC. Although this isn’t the first time a state or group of states sued the SEC, it’s not a common...
by scottlanelaw | May 8, 2019 | Stockbroker Misconduct
The Consumer Financial Protection Bureau (CFPB) recently issued a stunning report on elder financial exploitation based on Suspicious Activity Reports (SARs) filed by financial institutions. These SARs reports are filed by financial institutions that observe...
by scottlanelaw | Jan 24, 2019 | Stockbroker Misconduct
On November 18, 2018, the Financial Industry Regulatory Authority (FINRA) entered into a settlement with H. Beck, Inc., a brokerage firm headquartered in Rockville, MD, with 406 branch offices nationwide, fining the firm $400,000 and requiring the review and revision...
by scottlanelaw | Dec 7, 2018 | Investor Advice
In an Investor Alert issued on November 8, 2018 (“Know What Triggers a Margin Call”), the Financial Industry Regulatory Authority (FINRA) warned investors that volatility in the stock market can sometimes bring an uncomfortable surprise to investors — a margin call....
