Chicago Securities Law Blog
CFP Board Begins Enforcing New Code of Ethics and Standards of Conduct
The CFP Board has begun to enforce its updated Code of Ethics and Standards of Conduct (“Code of Ethics and Standards”) that went into effect on October 1, 2019. The new Code of Ethics and Standards is the culmination of five years of work by the CFP Board to...
Claims Against UBS Yield Enhancement Strategy (YES) Continuing to Accelerate
As losses have continued to mount for investors, claims against UBS are accelerating. Recent reporting indicates that investment losses from the Yield Enhancement Strategy (YES) could exceed $1 billion as investors pursue legal action against the wealth management...
Listen Up Financial Advisors – The Cover-Up Is Always Worse Than The Crime
Every year, surveillance tools become increasingly sophisticated. As such, now more than ever, financial advisors are regularly flagged for potential violations of firm policy and/or regulatory rules. Transgressions may range from minor technicalities to violations...
Avoid Investment Losses by Recognizing the Signs of Financial Advisor Misconduct
Investing involves risk. In many instances, portfolio losses to are simply the result of the inherent risks of investing. In other instances, losses may be due to misconduct by financial advisors and/or their firms. No matter what the underlying actions are, there are...
Managing Risk During Periods of Intense Market Volatility
Market volatility is typically a time when investors reflect on their underlying portfolio risk. The concept applies equally to financial advisors confronted with the risks associated with client complaints, arbitrations and regulatory inquires. These risks...
