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”
Tag Archives: securities arbitration
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.