SEC Takes Aim at Unregistered Advisors in New Alert

In a new alert, the SEC is seeking the help of investors to do background checks on new and existing brokers who may or may not be registered financial and investment advisors.

Investor Group Demands Victims Fund for When Brokers Don't Pay

As investor advocacy group, the Public Investors Arbitration Bar Association (PIABA), announced this week, FINRA and the securities industry does not enforce payment of arbitration awards nearly. Far too many awards go unpaid, while disciplined brokers simply drop out of the industry.