Yesterday, we discussed an anti-investor ruling that permits Charles Schwab & Company to force its customers to waive their right to participate in class actions against Schwab. That ruling potentially could lead to such a restriction becoming an industry-wide practice. We mentioned that FINRA might choose to appeal the ruling. The word “might” no longer applies. FINRA has announced that is in the process of filing an appeal.
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Types of Securities Fraud
- Stock Broker Misconduct
- Equity Indexed Annuities
- Hedge Fund Fraud
- Investment Advisor and Stock Broker Differences
- Margin Trading
- Misrepresentation / Omission of Facts
- Misleading Illustration
- Opt Outs from Class Action Litigation
- Put Option and Call Option Explained
- Outside Money Managers
- Structured Products
- Unsuitable Investments
- Variable Annuities Sales Misconduct
- Variable Universal Life Misconduct
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