Rachel graduated from Cumberland School of Law in May 2021. She had an impressive law school career, graduating in the top 25% of her class. During law school, Rachel was invited to participate in the write on process for the American Journal of Trial Advocacy because of her strong academic performance her first year ofContinue reading “Please Join Us in Welcoming Our Incoming Associate, Rachel Leigh!”
Category Archives: Uncategorized
REIT All About It! What Investors Should Know About Non-Traded REITs and Their Investments
Companies that own—and often also operate—income-generating real estate are known as Real Estate Investment Trusts (“REITs”). REITs can own and operate numerous types of real estate such as office buildings, apartment buildings, hospitals, hotels, shopping malls, and more. REITs are modeled after mutual funds and pool the capital of several investors to make it possibleContinue reading “REIT All About It! What Investors Should Know About Non-Traded REITs and Their Investments”
DON’T LET YOUR BROKER-DEALER LEAVE YOU HOLDING THE BAG FOR LOSSES FROM AN ONLINE TAKEOVER OF YOUR ACCOUNT!
Reports of online takeovers of customer’s broker-dealer accounts are growing in number, while some broker-dealers are lagging in their cybersecurity procedures. FINRA just published Regulatory Notice 21-18, “FINRA Shares Practices Firms Use to Protect Customers From Online Account Takeover Attempts.” My firm was out ahead of this regulatory notice, representing clients in arbitrations where theContinue reading “DON’T LET YOUR BROKER-DEALER LEAVE YOU HOLDING THE BAG FOR LOSSES FROM AN ONLINE TAKEOVER OF YOUR ACCOUNT!”
Saying NO to YES
For those who are not already familiar, UBS Financial Services, Credit Suisse, Merrill Lynch, and Morgan Stanley, have offered investors the opportunity to engage in an investment strategy known as YES. YES stands for “Yield Enhancement Strategy.” These firms have marketed Yield Enhancement Strategies as a safe alternative to traditional investing strategies to enhance investors’ yield,Continue reading “Saying NO to YES”
Why Investors Should Care About the SEC’s and FINRA’s Adoption of the Regulation Best Interest Rule Package and What It Means for Investors
You would think that if you hire a brokerage firm or broker-dealer to advise you on investments and investment strategies, they would always act in your best interest as the Investor hiring them. However, that is not always the case. Sometimes, brokerage firms and broker-dealers advise Investors on various decisions that do not align with the Investors’ goals or are not in their best interest. The SEC and FINRA have been cracking down on this type of self-serving behavior, which often results in losses for Investors, to ensure that brokerage firms and broker-dealers act in the Investors’ best interest.