Marc’s Blog

SEC stops pension administrator but 22 million dollars are missing.

SEC stops pension administrator but 22 million dollars are missing.

Posted by on Apr 30, 2014 in Marc's Blog

This makes me angry and sad at the same time.  The SEC announced that it has shut down American Pension Services, a pension administrator in Utah. The principal of APS was investing customer money in stuff that he shouldn’t have.  These […]

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A Cold Caller Follows the Rules. News at 11.

A Cold Caller Follows the Rules. News at 11.

Posted by on Apr 28, 2014 in Cold callers, Marc's Blog

I received a call from Steve at Coastal Equities.  It was a New York number.  I was so shocked that he was polite that I forgot to get his last name. He started into his script about “investment-grade” and I […]

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My job was crappy this week.  Literally.

My job was crappy this week. Literally.

Posted by on Apr 18, 2014 in Marc's Blog

I have had a variety of things left on my doorstep over the course of my career.  But Monday’s “present” took the cake.  (Maybe that’s a bad expression in this case). I was minding my own business when a client […]

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FINRA Dispute Resolution Statistics Show No Advantage To All-Public Panel

FINRA Dispute Resolution Statistics Show No Advantage To All-Public Panel

Posted by on Apr 9, 2014 in arbitration, FINRA, securities

I keep waiting to be wrong.  In fact, there are many instances where I am wrong.  But I don’t think I am in this instance. FINRA has released its latest arbitration statistics and the hand-wringing and stat-twisting from the Claimants’ bar will […]

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Reflecting on Three Mile Island – 35 years later.

Reflecting on Three Mile Island – 35 years later.

Posted by on Apr 3, 2014 in Marc's Blog

I was in my second semester as a freshman at Franklin & Marshall College in Lancaster, PA.  We had returned from Spring Break on Sunday.  We started hearing about environmental issues on the radio starting around Wednesday.  Then we found out […]

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