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February 12, 2013
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Blog, Securities Fraud
According to a report in Reuters, an investment adviser must pay a total of $1.8 million to a group of investors in a securities arbitration ruling involving losses tied to leveraged and inverse exchange-traded funds. This is significant win for investors who suffered losses in these types of investments. The
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January 28, 2013
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Blog, Securities Fraud
According to a report in the Investment News, LPL has told its 13,000 registered reps and investment advisers that it is cracking down on sales of leveraged, inverse and monthly reset mutual funds. As of April 1, LPL reps no longer can source those kinds of mutual funds directly from a fund sponsor such as …
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