FINRA reports that it will expand Public Arbitrator Program
On October 5, 2009, FINRA reported that it will expand its "pilot" program that allows investors who file eligible claims to select an arbitration panel that consists of three "public"…
Leveraged and Inverse ETFs May Not Be Suitable For All Investors
ProFunds Group, one of the largest issuers of leveraged and inverse ETFs recently issued a warning that some of its leveraged and inverse ETFs may not be suitable for all…
Colorado Division of Securities Charges Stifel Nicolaus with Fraudulent Sales of Auction Rate Securities
On October 1, 2009, Colorado Securities Commissioner Fred Joseph announced that the Securities Division had filed a complaint against Stifel, Nicolaus & Company. According to the Division's news release, the…