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 | 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....
by scottlanelaw | Oct 24, 2018 | Investor Advice
It seems like a simple question. The answer, unfortunately, is not so simple. The financial services industry and the government agencies that regulate them are currently at a crossroads, trying to determine what standard of care the industry should provide to...
by scottlanelaw | Jul 23, 2018 | Investor Advice
As the Wall Street Journal notes in its recent article “Investors Can’t Get Enough of Wall Street’s Sucker’s Bet,” “the distinction between an investment and a gamble lies in the odds of success.” Leveraged and inverse exchange-traded funds (ETFs) often have “odds...
by scottlanelaw | Jul 10, 2018 | Investor Advice
Investor advocates and securities regulators have long warned of the risks of purchasing private placement offerings due to the lack of information about the offerings and the lack of liquidity in the investment. Now, according to a recent study conducted by the Wall...
