Browsing Category "Marc’s Blog"

The latest cold call cowboy – Spencer Trask & Co.

The latest cold call cowboy – Spencer Trask & Co.

Posted by on May 15, 2013 in Marc's Blog

Again, someone didn’t do their homework. This time it was Thomas Charpie from Spencer Trask Ventures, which is related to Spencer Trask & Co.. He introduced himself then told me that his firm works exclusively with attorneys. I told him […]

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Things I learned at an arbitration with Wells Fargo Advisors last week.

Things I learned at an arbitration with Wells Fargo Advisors last week.

Posted by on May 15, 2013 in arbitration, securities, Stockbroker issues

As you might know, I handle a lot of securities arbitrations. I usually end up learning a thing or two during the course of the arbitration. I thought I’d share some things with you. 1 – Wells Fargo Advisors does […]

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Can cold callers read?  Note to John Carris Investments: You can stop calling me, too.

Can cold callers read? Note to John Carris Investments: You can stop calling me, too.

Posted by on Apr 10, 2013 in Marc's Blog

So last week I wrote about my conversation with Joseph Gunnar Investments in New York. I don’t like getting cold called. At the end of the piece, I wrote that my phone logs showed calls from John Carris Investments. Another […]

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I am not immune to cold calls. Note to Joseph Gunnar, stop calling me.

I am not immune to cold calls. Note to Joseph Gunnar, stop calling me.

Posted by on Apr 1, 2013 in FINRA, Investment Advisors, Stockbroker issues

I’ve been getting cold calls lately. I don’t know what list I got on, but they’re a pain in the neck. First of all, it’s never a large wirehouse broker who calls. It’s always some guy with a New York […]

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CFTC shuts down alleged commodities scam in South Florida.

CFTC shuts down alleged commodities scam in South Florida.

Posted by on Feb 28, 2013 in Marc's Blog

When I reopened this practice in 2010 as a solo practitioner, we rented space in the Crexent office center in Jupiter, Florida. It is one of those office suite concepts where you give them your credit card and they provide […]

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Morgan Stanley Wealth Management Ordered to Pay 1 Million Dollars in FINRA Arbitration.

Morgan Stanley Wealth Management Ordered to Pay 1 Million Dollars in FINRA Arbitration.

Posted by on Jan 7, 2013 in arbitration, FINRA, Marc's Blog

We had the distinct privilege of representing Greg Torretta in an arbitration against Morgan Stanley Wealth Management (formerly known as Morgan Stanley Smith Barney). Greg worked for Morgan Stanley and its predecessor companies for 26 years. He started as a […]

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Facebook and Instagram update privacy policies, freeloaders foam at the mouth.

Facebook and Instagram update privacy policies, freeloaders foam at the mouth.

Posted by on Dec 18, 2012 in Marc's Blog

First, a disclosure. I was sucked in by the Facebook hype. I have lost money on the stock, on paper. It’s OK. I’ll live. Now, on to today’s topic, the disclosure of a change to the privacy policies of Facebook […]

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Thoughts on being a poll watcher on election day 2012

Thoughts on being a poll watcher on election day 2012

Posted by on Nov 7, 2012 in Marc's Blog

I have been a lawyer for over 25 years. I have been blessed with representing any number of clients who have a special place in my heart. I have had clients whose financial picture changed because of the results I […]

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Being a broker means that you can say “I am Sorry” – Dow Jones Video

Being a broker means that you can say “I am Sorry” – Dow Jones Video

Posted by on Oct 31, 2012 in Investment Advisors, Securities Regulation, Stockbroker issues

I was quoted in a recent article on Dow Jones Wealth Adviser about whether or not a broker should apologize. My answer, just like one might expect from a lawyer, “It depends.” If you’re sorry you’re late returning a call, […]

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FINRA looking at broker incentives, again.

FINRA looking at broker incentives, again.

Posted by on Oct 24, 2012 in FINRA, Investment Advisors, Stockbroker issues

For as long as I’ve been involved in the brokerage business, brokers have had financial incentives. There are commissions, management fees, bonuses, trips to islands, one time there was even a contest that gave out nearly 100 leases on Porsche […]

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