Baby Boomer Fraud
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Baby Boomer Fraud
Providing Baby Boomers with information to help them be able to spot the signs of fraud and other scams
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FINRA ramps up enforcement actions - Thomson Reuters News & Insight

FINRA ramps up enforcement actions - Thomson Reuters News & Insight | Baby Boomer Fraud | Scoop.it
Thomson Reuters News & InsightFINRA ramps up enforcement actionsThomson Reuters News & InsightBy Benjamin Skojold Enforcement actions and fines by the Financial Industry Regulatory Authority Inc.
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Judge Slams FINRA Arbitration - Huffington Post

Judge Slams FINRA Arbitration - Huffington Post | Baby Boomer Fraud | Scoop.it
Judge Slams FINRA ArbitrationHuffington PostMs. Evans specializes in representing broker-dealers in arbitrations before the Financial Industry Regulatory Authority (FINRA).
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SEC chief: Require brokers to put investors first - CBS News

SEC chief: Require brokers to put investors first - CBS News | Baby Boomer Fraud | Scoop.it
CBS NewsSEC chief: Require brokers to put investors firstCBS NewsIn her keynote address, she underscored the SEC's mission to protect investors, while balancing the need to create an environment where financial institutions can operate efficiently...
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Former SEC Attorney: Can Drive A Truck Through the Openings in 'The Stock Act' - CNBC.com

Former SEC Attorney: Can Drive A Truck Through the Openings in 'The Stock Act' - CNBC.com | Baby Boomer Fraud | Scoop.it
CNBC.comFormer SEC Attorney: Can Drive A Truck Through the Openings in 'The Stock Act'CNBC.comJacob Frenkel, former SEC attorney and partner at Shulman Rogers, weighed in.
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Mortgage fraud unit co-chair sues biggest banks - USA TODAY

Mortgage fraud unit co-chair sues biggest banks - USA TODAY | Baby Boomer Fraud | Scoop.it
USA TODAYMortgage fraud unit co-chair sues biggest banksUSA TODAY27, 2012, in Washington, regarding a fraud unit that will investigate residential mortgage-backed securities.
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CONSUMER AFFAIRS: Social media and investing - nwitimes.com

CONSUMER AFFAIRS: Social media and investing - nwitimes.com | Baby Boomer Fraud | Scoop.it
CONSUMER AFFAIRS: Social media and investingnwitimes.comOf course, investments sounding too good to be true probably are. Also, since investments by their nature pose some risk, promises of guaranteed returns should raise red flags.
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SEC to Family Offices: Brother-In-Law Must Exit - Barron's (blog)

SEC to Family Offices: Brother-In-Law Must Exit - Barron's (blog) | Baby Boomer Fraud | Scoop.it
CFA Institute Enterprising InvestorSEC to Family Offices: Brother-In-Law Must ExitBarron's (blog)Guin is one of the nation's go-to guys on how SEC regulations intersect with family offices.
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Bill Singer's 2011 Wall Street Regulatory Hall of Shame - Forbes

Bill Singer's 2011 Wall Street Regulatory Hall of Shame - Forbes | Baby Boomer Fraud | Scoop.it
Bill Singer's 2011 Wall Street Regulatory Hall of ShameForbesEvery month, I read all of the reported Financial Industry Regulatory Authority (“FINRA”) disciplinary cases and cull out what I think are Cases of Note.
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FINRA sues David Lerner founder for misleading investors - Reuters

FINRA sues David Lerner founder for misleading investors - Reuters | Baby Boomer Fraud | Scoop.it
FINRA sues David Lerner founder for misleading investorsReutersEight months ago, FINRA began a similar proceeding against his brokerage, David Lerner Associates Inc, of Syosett, New York.
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Finra And NFL Team Up To Serve Athletes - Financial Advisor Magazine

Finra And NFL Team Up To Serve AthletesFinancial Advisor MagazineThe Finra Foundation/NFL initiative is aimed at incoming NFL players to help them spot and avoid investment fraud and to make informed financial decisions.
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Brownback's Tax Reform Adviser Allegedly Part of Ponzi Scheme ...

Brownback's Tax Reform Adviser Allegedly Part of Ponzi Scheme ... | Baby Boomer Fraud | Scoop.it
Topeka — Arthur Laffer, the supply-side economist who was hired by Gov. Sam Brownback to help shape the governor's tax overhaul, is being sued in Texas for allegedly being part of a Ponzi scheme, according to reports.
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Rating Agencies "Sold" the SEC on Asset Backed Securities - Forbes

Rating Agencies "Sold" the SEC on Asset Backed Securities - Forbes | Baby Boomer Fraud | Scoop.it
Rating Agencies "Sold" the SEC on Asset Backed SecuritiesForbesI had just graduated from law school and was working at the SEC in Washington, in the Division that regulates mutual funds.
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Cheverus grad arrested in record fraud - Press Herald

Cheverus grad arrested in record fraud - Press Herald | Baby Boomer Fraud | Scoop.it
Press HeraldCheverus grad arrested in record fraudPress HeraldHedge-fund manager Anthony Chiasson, who grew up in Portland, faces charges of securities fraud in a scheme that pulled in $78 million in illegal profits.
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FINRA Bars Rep From Industry for Investments in Unusual, Leveraged ETFs - On Wall Street

FINRA Bars Rep From Industry for Investments in Unusual, Leveraged ETFs - On Wall Street | Baby Boomer Fraud | Scoop.it
FINRA Bars Rep From Industry for Investments in Unusual, Leveraged ETFsOn Wall StreetAccording to FINRA, Michael Venable of Tyler, Texas, made unsuitable investments for “unsophisticated clients with conservative investment objectives and risk profiles”...
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SEC Urges US Congress to Amend Dodd-Frank's Swap-Data Rules - BusinessWeek

SEC Urges US Congress to Amend Dodd-Frank's Swap-Data Rules - BusinessWeek | Baby Boomer Fraud | Scoop.it
SEC Urges US Congress to Amend Dodd-Frank's Swap-Data RulesBusinessWeekThe requirement “interferes with access to essential information” because most foreign governments lack authority to provide indemnification, Ethiopis Tafara, the SEC's head of...
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BDs Watch Out: FINRA Issues 2012 'Watch List' - AdvisorOne

BDs Watch Out: FINRA Issues 2012 'Watch List' - AdvisorOne | Baby Boomer Fraud | Scoop.it
AdvisorOneBDs Watch Out: FINRA Issues 2012 'Watch List'AdvisorOneBy Melanie Waddell, AdvisorOne The Financial Industry Regulatory Authority (FINRA) on Tuesday released its 2012 regulatory and examination “watch list,” which provides a laundry list...
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This Woman Duped Investors Into Buying Phony Shares Of Facebook - Business Insider

This Woman Duped Investors Into Buying Phony Shares Of Facebook - Business Insider | Baby Boomer Fraud | Scoop.it
Business InsiderThis Woman Duped Investors Into Buying Phony Shares Of FacebookBusiness Insider"I was scammed," Randy Stafford, Oleson's contractor, told the station.
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Several Cleveland-area accountants, lawyers named in securities fraud lawsuit - Plain Dealer

Several Cleveland-area accountants, lawyers named in securities fraud lawsuit - Plain Dealer | Baby Boomer Fraud | Scoop.it
Plain DealerSeveral Cleveland-area accountants, lawyers named in securities fraud lawsuitPlain Dealer"The goal of civil litigation is to seek culpable pockets and recover from those pockets," said Frenkel, a partner at Shulman Rogers in Potomac,...
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How to spot investment fraud - Reuters

How to spot investment fraud - Reuters | Baby Boomer Fraud | Scoop.it
How to spot investment fraudReuters"Fraud is based on trust. Social media ... is almost a perfect platform to commit affinity fraud." Investment scams, in general, are driven by victims' belief that the opportunities presented are credible.
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SEC Is Avoiding Tough Sanctions for Large Banks - New York Times

SEC Is Avoiding Tough Sanctions for Large Banks - New York Times | Baby Boomer Fraud | Scoop.it
New York TimesSEC Is Avoiding Tough Sanctions for Large BanksNew York TimesBy granting exemptions to laws and regulations that act as a deterrent to securities fraud, the SEC has let financial giants like JPMorganChase, Goldman Sachs and Bank of America...
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Man admits 'biggest Ponzi fraud in the UK' - BBC News

Man admits 'biggest Ponzi fraud in the UK' - BBC News | Baby Boomer Fraud | Scoop.it
Telegraph.co.ukMan admits 'biggest Ponzi fraud in the UK'BBC NewsA businessman has admitted masterminding what may be the biggest "Ponzi" scheme seen in the UK.
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A Renewed Focus on a Financial Crisis Crackdown - New York Times

A Renewed Focus on a Financial Crisis Crackdown - New York Times | Baby Boomer Fraud | Scoop.it
New York TimesA Renewed Focus on a Financial Crisis CrackdownNew York TimesThe Federal Housing Finance Agency sued 17 firms that sold residential mortgage-backed securities to Fannie Mae and Freddie Mac, alleging securities fraud in the packaging...
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New iOS App From SEC: U.S. Securities and Exchange Commission ...

New iOS App From SEC: U.S. Securities and Exchange Commission ... | Baby Boomer Fraud | Scoop.it
Direct to App (Free) via iTunes App Store. A very basic app (at least at this point) providing access to SEC: Press Releases; Videos (Meetings, Speeches, etc.) Events (Calendar of Meetings, Speeches, etc.) Text of Speeches ...
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Does Broker Watchdog Need a Shorter Leash? - Smartmoney.com (blog)

Does Broker Watchdog Need a Shorter Leash? - Smartmoney.com (blog) | Baby Boomer Fraud | Scoop.it
Does Broker Watchdog Need a Shorter Leash?
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Menendez: SEC should require corporations to disclose political spending - NorthJersey.com

Menendez: SEC should require corporations to disclose political spending - NorthJersey.com | Baby Boomer Fraud | Scoop.it
Menendez: SEC should require corporations to disclose political spendingNorthJersey.comWe need to know who's contributing millions of dollars to influence American elections right now," Menendez said on a conference call organized by the Corporate...
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