Since the financial crisis of 2008, the volatility of the financial markets,
particularly the fixed-income investments and bond markets, have left many senior citizens with
devastating losses. Concentrated positions in bonds with inferior or “junk” bond ratings have left
many senior citizens with devastating financial losses they will never make up in their lifetimes.
Changes in bond trading procedures in the past 10 years, including
the TRACE (Trade Reporting
and Compliance Engine) and other regulatory initiatives has served to protect investors from
unscrupulous sales activities, many investors remain exposed to extraordinary risks in the bond markets
as a result of improper cross-selling, bond dumping, excessive concentrations of speculative bonds, bond
defaults in accounts which should not have been neglected and otherwise allowed to accumulate to
positions and debt instruments.
If you feel you have been victimized through improper bond trading, our
offices offer a free initial consultation.
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