Month: November 2017
The Financial Industry Regulatory Authority (FINRA) has fined Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC $3.4 Million as required restitution relative to unsuitable recommendations involving volatility-linked Exchange Traded Products (ETP’s) and related supervisory failures related to these investments. Volatility-linked ETP’s are very complex products, ill-designed for the average investor and […]Read Post
In a recent Release, the SEC warned investors about fraudulent schemes involving Over-The-Counter (OTC) stocks. This warning also included stocks listed on the OTC Bulletin Board (OTSBB) and the OTC Markets Group, Inc. (f/k/a Pink Sheets). Notably, companies quoted on the OTCBB/Pink Sheets and the OTC Markets are not subject to the more stringent listing […]Read Post
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