Newsletter Signup

Blog

Search Our Blog

Beware Private Placements; Risky Investments for Most

By of Shustak Reynolds & Partners, P.C. posted on Saturday, November 26, 2011.

November 26, 2011. We see more and more private placements being sold to unsuspecting investors, most of whom have little or no idea of the risks inherent in these investments. With very few exceptions, a private placement is a high risk investment; typically highly illiquid […] Read More

The Effect of California’s Expungement Rules on Registered Representatives and Investment Advisers

By George Miller of Shustak Reynolds & Partners, P.C. posted on Wednesday, November 23, 2011.

Registered representatives, investment advisers and others employed in the securities industry are required to disclose certain prior criminal convictions, including some “expunged” convictions, to the Financial Industry Regulatory Authority (FINRA) or the Securities and Exchange Commission (SEC) in connection with their employment. […] Read More

What Are Up-Front, Forgivable Loans?

By SHUSTAK REYNOLDS & PARTNERS of Shustak Reynolds & Partners, P.C. posted on Tuesday, November 15, 2011.

Up-front, forgivable notes have been used by brokerage firms for many years as a way to entice high producing brokers to join- and, hopefully, remain- at the firm recruiting the talent. Virtually all firms use these notes as a recruiting […] Read More

JP Morgan Chase Clients Sold Unsuitable Investments

By SHUSTAK REYNOLDS & PARTNERS of Shustak Reynolds & Partners, P.C. posted on Tuesday, November 15, 2011.

November 15, 2011. Unsuitable investments continue to be sold to unsuspecting clients of major brokerage firms. On November 15, 2011 FINRA, ordered JP Morgan Chase to reimburse clients $1.9 million for losses those investors sustained when JP Morgan sold them high risk, unsuitable unit […] Read More

SEC in S&P downgrade investigation?

By SHUSTAK REYNOLDS & PARTNERS of Shustak Reynolds & Partners, P.C. posted on Tuesday, September 20, 2011.

The SEC has subpoenaed various financial firms to investigate possible insider trading before US S&P credit rating downgrade” http://money.cnn.com/2011/09/20/news/economy/sec_sp_investigation/index.htm?iid=SF_BN_River Read More

Obama signs patent bill, sees boost for innovators

By SHUSTAK REYNOLDS & PARTNERS of Shustak Reynolds & Partners, P.C. posted on Tuesday, November 15, 2011.

Obama signs new bill to quicken patent application process and curb frivolous patent lawsuits: http://www.reuters.com/article/2011/09/16/us-patent-obama-idUSTRE78F4FY20110916?feedType=RSS&feedName=smallBusinessNews&rpc=43 Read More

Gold Fever Sparks New Potential For Investor Fraud

By SHUSTAK REYNOLDS & PARTNERS of Shustak Reynolds & Partners, P.C. posted on Thursday, September 15, 2011.

The price of gold bullion-which recently touched an all-time high-has sparked considerable interest in gold investing and, as with every “hot” investment, has spawned a myriad of aggressive advertising and marketing pitching gold as the “must have” investment. Gold, however, Read More

Filings Down Year to Date at FINRA

By SHUSTAK REYNOLDS & PARTNERS of Shustak Reynolds & Partners, P.C. posted on Tuesday, September 13, 2011.

FINRA-DR reports that new case filings for the first seven months of 2011 are down 12% and adds that customer-initiated filings have decreased, compared to the first seven months of 2010, by 18%. FINRA mediations through July 2011 have been Read More

Wall Street Self-Regulator Makes Case for More Power

By SHUSTAK REYNOLDS & PARTNERS of Shustak Reynolds & Partners, P.C. posted on Tuesday, September 13, 2011.

“FINRA’s Chief is testifying before Congress today to make its case for regulation over investment advisers. FINRA currently regulates broker-dealers and now proposes advisers be added to its area of oversight.” http://dealbook.nytimes.com/2011/09/13/finra-makes-its-case-for-more-power/ Read More

Major Wirehouses Offering Golden Handcuff Payments to Indie Brokers

By SHUSTAK REYNOLDS & PARTNERS of Shustak Reynolds & Partners, P.C. posted on Monday, September 12, 2011.

Desperate to reel in star brokers, the major wirehouses are fishing more than ever in the unlikely and foreign waters of independent-contractor broker-dealers to hook their top representatives. According to clients we have spoken to, the deals that firms such Read More