In an Investor Bulletin entitled “Initial Coin Offerings” the United States Securities and Exchange Commission warned investors about the pitfalls of ICO’s (Initial Coin Offerings) also known as token sales to raise capital. The bulletin cautions investors to be wary of promises of higher returns which can be used to improperly induce investors to part with […]
Read PostTim O'Connor's Blog
FINRA Addresses RegTech and Technology Enabled Transformation of Regulatory Compliance
At its annual conference held in Washington, DC in May of this year, FINRA included a session to provide guidance for practices at FINRA member firms regarding the use of emerging technology in compliance and operations. The session included industry experts and FINRA staff in a panel addressing how emerging technologies are being utilized to […]
Read PostInherited IRA’s Are Now Subject to Claims of Creditors
Do you have an inherited IRA? Do you know that it may not be exempt from claims of creditors and it may not be subject to the same protections afforded other IRA’s such as regular IRA’s, Roth IRA’s, SEP IRA and rollover IRA’s? Unfortunately, beneficiaries of inherited IRA’s labor under many similar misapprehensions and misunderstandings […]
Read PostInvestment Adviser Charged With Stealing More Than $1,000,000 From Clients
Investment Adviser Accused of Stealing $1,000,000 From Clients In a Press Release of September 6, 2017, the Securities Exchange Commission announced charges against a New Jersey based investment adviser, Scott Newsholme, of Farmingdale, New Jersey, alleging that he stole more than $1,000,000 from advisory clients. The underlying charges include allegations of fabricated account statements, forged […]
Read PostInherited IRA’s – Know Your Rights?
IRA’s have been around for over 40 years, but most investors don’t know what happens when they inherit all or part of an IRA account as a death beneficiary. Taking an outright distribution of cash as a beneficiary of an IRA upon another’s death is usually a foolish idea. While spouses have generous options available […]
Read PostHave a Question?
Quick Contact
"*" indicates required fields
Recent
Blog Posts
- A Successful Will Contest
- SEC Issues Required Investor Disclosures for Variable Annuities and Variable Life Insurance Contracts
- Airbnb Guest Injuries
- Morgan Stanley Smith Barney Agrees to $5,000,000 Settlement Fund to Benefit Harmed Investors
- Will Contests – Have You Been Shorted by Trickery Involving a Loved One’s Estate?