A National Securities Arbitration & Investment Fraud Law Firm
The Securities Industry and Financial Markets Association has stated that in 2019, it plans to keep pressure on state officials who consider following Nevada in imposing a higher standard of care on broker-dealers. Leaders of the organization said that after praising a federal proposal that has been in the making…
When you purchase insurance from a broker, investment advisor or insurance agent, shouldn’t they have your best interests at heart? New York’s Regulation 187 was designed to do just that, and could take effect as early as August of 2019. In it, agents and brokers are required to have the…
What is the duty of a fiduciary? A recent case involving a broker-dealer firm in Puerto Rico is raising the issue According to the Uniform Securities Act of Puerto Rico, broker-dealers and investment advisors in the commonwealth “must observe the highest standards of fiduciary duty toward their customers and clients.”…