ATTORNEY NEWSLETTER A Financial Industry Regulatory Authority (FINRA) arbitration panel recently ordered Morgan Stanley to pay $2.4 million to a group of physicians and their family members. The physicians had accused former Morgan Stanley broker Steven Mark Wyatt of unauthorized and excessive stock-market trading. According to the lawyer for the […]
Monthly Archives: August 2015
The Securities Exchange Commission (SEC) governs the securities law and how stocks and securities are traded and handled in the country’s economic market. Any violations are strictly governed by the SEC and the Commodity Futures Trading Commission (CFTC) and can be penalized with sanctions, fines and even charges.
Last year, more than 500,000 cases of elder abuse, both physical and financial, were reported in the country. Millions more went unnoticed, were not reported or are still ongoing. Elder abuse is a growing problem throughout California and nationwide, and legislators and advocates have been working hard to eradicate the […]
Nursing homes are attractive living options for older Californians who may not want to live alone or may need medical attention and hands-on assistance fairly regularly. Nursing homes provide a 24/7 support system, complete with healthcare professionals and on-call doctors and nurses, to make residents comfortable and take care of […]
ATTORNEY NEWSLETTER Annuities are complex products that often have hidden fees and costs. It is recommended that consumers carefully review any policy and consider their options before purchasing any annuity policy. Both indexed and fixed annuities have risks for the consumer. Penalties such as surrender charges and forfeiture charges can […]
ATTORNEY NEWSLETTER Consumers purchasing annuities or indexed universal life insurance policies should carefully review the policy, and research the risks involved in purchasing this type of investment. Aviva USA, and its parent company, Athene USA, is one of the biggest providers of annuities and life insurance products, including Indexed Universal […]
ATTORNEY NEWSLETTER It is recommended that consumers carefully review any policy and consider their options before purchasing any annuity policy. Annuities are complex products that often have hidden fees and costs, and may not be suitable for all investors, particularly senior citizens. Annuities often have surrender charges, making it difficult […]