A Sweeping Report Demonstrates the Extent of Broker Misconduct

  • Posted by Admin
  • On November 22, 2016
By Andy Goldwasser Partner A working paper by business school professors at the University of Chicago and the University of Minnesota found that 7% of financial advisors have been disciplined for misconduct.[1] Misconduct ranges from making unauthorized trades in a client account to unsuitable investments. The number was even higher for some of the most […]
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Trump and the fiduciary rule: Now what?

  • Posted by Admin
  • On November 15, 2016
By Andy Goldwasser Partner This is a question that resonates equally with the financial sector as it does with those dedicated to representing victims of financial fraud and stockbroker misconduct. Most believe Mr. Trump will repeal the rule. But even so, the fiduciary rule has helped define the standard of care for a financial advisor […]
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Surprise, Surprise…Markets Surge on Trump Election

  • Posted by Admin
  • On November 10, 2016
By Robert West, Jr. Jr. Partner While America watched this historic presidential election, so did the global investment community. If history is any indication, investors despise uncertainty, and the early voting numbers made it clear that a (pre-supposed) Hillary Clinton victory was anything but certain. As Donald J. Trump continued to dominate the swing states […]
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S&P 500 index marks its longest losing streak in 36 years

  • Posted by Admin
  • On November 7, 2016
By Ken Sweet Associated Press This article was posted in the Cleveland Plain Dealer 11-5-16   NEW YORK (AP) — The slow, steady retreat of the stock market ahead of the 2016 election continued Friday, with the market falling for a ninth straight day. Wall Street is now in its longest period of decline in […]
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