Recently, FINRA, the Financial Industry Regulatory Authority Inc., issued an Alert telling investors that if interest rates rise, “outstanding bonds, particularly those with a low interest rate and high duration, may experience significant price drops.” Many big investors have already have warned that risk in the bond market is rising. However, last month's slight move […]

Recently, on the Financial Regulatory Industry Authority's (FINRA) website, they posted a very valuable article on equity-indexed annuities. The following information is from this article. "Sales of equity-indexed annuities (EIAs)—also known as "fixed-indexed insurance products" and "indexed annuities"—have grown considerably in recent years. Although one insurance company at one time included the word "simple" in […]

For someone with Alzheimer's disease, one of the first skills to decline is the high-level function required to accomplish financial tasks such as paying bills, balancing a checkbook or reading a brokerage statement. Unfortunately, the number of Americans with Alzheimer's disease is expected to nearly triple by 2050. This epidemic will put even more pressure […]

Myers v. Deutsche Bank, FINRA ID # 11-02623 (San Francisco, CA, 2/12/2013) - Customers who purchased premium-financed life insurance recover $834,193 in compensatory damages and $100,000 in attorney fees. What is premium-financed life insurance? For affluent people who don't want to liquidate other assets to pay for life insurance, borrowing funds from a third party […]

Soreide Law Group has been contacted by several investors who purchased Celsion Corp., through the brokerage firm of J.D. Nicholas & Associates. Theses investors are considering pursuing individual claims against J.D. Nicholas for potential sales practice violations through FINRA, The Financial Industry Regulatory Authority. On January 30th, Celsion Corp., symbol “CLSN”, dropped from $7.78 per […]

The Financial Industry Regulatory Authority, FINRA, fined and censured a company owned by Cetera Financial Group, one of the country’s largest networks of independent broker-dealers, $40,000 for late and improper filings in more than half of its sales branch offices, among other filing problems. Cetera Advisor Networks, over a two-and-a-half year period ending last year, […]

In an article from the The Express Tribune, they write that there were documents posted on the Securities and Exchange Commission of Pakistan (SECP) website on Feb. 19th., 2013, that BMA Capital bought 578,000 shares of Bata Pakistan at Rs920 per share from National Bank of Pakistan on August 24, 2012 in a negotiated, off-market […]

This very valuable information on the warning signs of investment fraud, comes from Louisiana’s Office of Financial Institutions (OFI). They highly caution all potential investors to thoroughly check out every investment opportunity. " *Company will pay any tax on interest earned  *Company will pay any surrender penalty incurred by the investor  *Company will […]

The Securities and Exchange Commission (SEC) announced fraud charges against a New York-based brokerage firm and two brokers who allegedly used misleading sales tactics to steer investors toward risky investments in a purported clean energy company so the firm could earn lucrative commissions. The SEC alleges that Gregg Lorenzo, the founder of Charles Vista LLC, […]