In a recently added amendment to the Investor Protection Act (IPA) of 2009, the Securities and Exchange Commission (SEC) would have the power to allow the Financial Industry Regulatory Authority (FINRA) to carry out oversight on investment advisers working at broker-dealer firms. Though some agree with this go while others oppose, it came as a shock to both sides that the amendment was added so easily to the language of the bill.
Posts Tagged ‘Shock’
New Provision in Investors Protection Act to Provide FINRA with Additional Power
October 29th, 2009 
Before You Invest 
Posted in Finance Fraud 
Tags: Additional Power, Adviser, Advisory Business, Broker Dealer, Congress, Financial Industry Regulatory Authority, Finra, Full House, Independent Broker Dealers, Investor Protection Act, Ipa, Iteration, Oversight, Provision, Registered Investment Advisers, Republican Representative, Securities And Exchange, Securities And Exchange Commission, Shock, Spencer Bachus 
No Comments »Brawlin’ Bernie: Madoff victorious in first prison fight
October 14th, 2009 Before You Invest Bernie Madoff, after a heated debate with a fellow inmate over whether the stock market has really bottomed out, reportedly got into his first altercation since being sentenced to 150 years in a Butner, N.C., federal prison.Inmates who witnessed the fight told The New York Post that Mr.
Posted in Finance Fraud Tags: Altercation, Bernie Madoff, Butner, Federal Inmates, Federal Prison Inmates, Fellow Inmate, Investment, Investors, Life Sentence, Mammoth, New York Post, Ponzi Scheme, Prison Survival, R Allen, Shock, Slammer, Solitary Confinement, Stanford, Stock Market, Survival Tips No Comments »
