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...
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...
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.”...
