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At the risk of stating the painfully obvious, if something sounds too good to be true, it probably is.  The latest evidence supporting that timeless gem is Robinhood’s promise of free stock trading available to anyone.  It sounds great, except when Robinhood’s trading platform goes offline, leaving tens of millions of clients unable to buy,

Robinhood has been in the news a lot again lately, and that news isn’t terribly favorable.  Given that we represent investors, not firms, we fielded a lot of calls about Robinhood’s potential responsibility related to folks’ losses related to GameStop, AMC, Nokia, and Blackberry.  To our great surprise, we concluded that, based on what we

We’ve received dozens of calls from distressed investors, all with the same complaint: “I woke up today, saw that my stock is trading at a much higher price, but when I went to sell, I had a fraction of the shares I had yesterday.  Help!  My broker stole my stock!” There are certainly examples of

The past decade brought unprecedented gains in the stock market.  The daily reports of positive performance seemed like they would never end, and investors enjoyed years of monthly statements showing that their portfolios were doing well – very well.  The next month’s statement won’t show gains. In fact, nearly all investors can expect to see

Unfortunately, there are some disreputable securities brokers out there. Some engage in churning, a type of broker misconduct, which can have serious financial consequences for their clients. All investors need to know what churning is, how to spot it, and what to do about it if they suspect their broker is engaging in this activity.

The Most Notorious US Financial Scammers Every civilized society is dependent for its success on its citizens being able to trust one another. And most people actually do tend to trust one another. Why? Because they themselves are basically good, or at least reasonably honest, and believe they will be treated honestly by others –