Blog & Investigations

FINRA Arbitration: For Most Investors—The Only Game in Town

Nearly every time an investor opens a brokerage account, he or she agrees to arbitrate any disputes with the brokerage firm at the dispute-resolution wing of FINRA, the Financial Industry Regulatory Authority. Just by signing the account-opening forms, the investor…

Senior Investors: A Short Guide to Suitability

Guest post by April Harris, Fordham University School of Law JD Candidate (2015) With age comes wisdom, and for many older investors, wealth. For some seniors, their “save for a rainy day” approach has paid off such that a lifetime…

Mutual Fund Scam: “Survivorship Bias” and Masking Luck as Skill

Investors wanting to diversify their portfolios often turn to equity mutual funds to get exposure to a variety of companies and industry sectors. The $15-trillion mutual fund industry in the United States was built on this desire for diversification, and…

Financial Punditry Should Be Taken with a Gigantic Grain of Salt

Guest Post by Erick Haman, Fordham University School of Law JD Candidate (2015) With Clash of the Financial Pundits, Joshua Brown and Jeff Macke tell the history of financial media and punditry while evaluating its worth looking to the future. Brown,…