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None the less, if an investment product makes it to the agency’s top ten list, investors should consider

Morgan Securities: SEC charged the firm with misleading investors in a complex mortgage securities transaction

This transaction would then generate a commission for your broker. This transaction would also generate a commission. offer you Investment A, and may instead sell you Investment B in order to collect the commission on the transaction This amount can significantly exceed the 1-2% annual management fees typically charged by Registered

OFDMI insider trading referral was an insider trading matter involving suspicious trading by foreign accounts The firm relied upon automated exception-based reporting systems to flag transactions and/or accounts Disciplinary Actions Ensuring Market Integrity Direct Market Access – Master/Sub-Account – FINRA filed registered person to any former customer of the registered person who is contacted about moving or moves his account of asset-backed security (ABS) transaction volume.

According to the Federal Reserve, the top 1% of households have a net worth over $6.8 million or $521,000 And the top 5% of households have a net worth of $1.9 million or income of $209,000. On average, the very top .1% of households (with incomes over $2.7 million) will be hit with $444,000

committee expanded its stimulus measures with plans to buy $45 billion in Treasuries every month, on top

After-tax corporate profits accounted for 11% of the economy’s growth…the highest percentage in history Wages now account for a record low 43.5% of GDP. 

You can check out your broker or brokerage firm by typing the name in the New Search box at the top of

In its report, HP acknowledged that “serious accounting improprieties, disclosure failures, and outright And to be fair to HP: a total of 15 legal, financial and accounting firms were involved in the transaction , and none of them raised any red flags about ‘serious accounting improprieties’.  There was no accounting fraud to blame there…it just plain didn’t pan out.

And half of retail investors cannot read an investment account statement or a stock trade confirmation Only 25% of investors are able to identify a custodial firm on an account statement. indifference goes for monitoring investments, too: just 42% say that they “always” check their investment account

Accounts were churned.  Clients lost money.  It was just another day in the broker-dealer business. They churned the clients’ accounts, trading excessively to rack up commissions for themselves.  The churning resulted in a turnover so high the accounts would have needed a 73.3% return just to break the firm last week, and according to the complaint not only did the three representatives churn the accounts

And some certified public accountants (CPA) double as investment advisers.