Investor Protection Clinic

Student Blog

  • Simplified FINRA Arbitration: What You Need to Know

    12/12/2019 - 14:20 By Christian Ogata
    The Financial Industry Regulatory Authority (FINRA) is a self-regulatory organization that oversees the activities of broker-dealers in the United States. When a broker-dealer who is a FINRA member violates its duties to an investor, that investor may bring a claim against the broker through FINRA arbitration. These claims can include...
  • The Alarming Rate of FINRA Expungements

    12/12/2019 - 14:08 By Whitney Jones
    To address potentially inaccurate information within the Central Registration Depository (CRD), the Financial Industry Regulatory Authority’s (FINRA) Rule 2080 allows brokers to challenge and sometimes remove customer dispute information from his or her CRD and thereby, from BrokerCheck, removing potentially vital information from the public...
  • States’ Proposed Regulations Catch SEC’s Reg BI Shortcomings

    11/26/2019 - 15:01 By Whitney Jones
    On June 5, 2019, the Securities and Exchange Commission (SEC) adopted Regulation Best Interest (Reg BI). Reg BI establishes a best interest standard of conduct for broker-dealers when making recommendations to a retail customer. The SEC’s regulation requires broker-dealers to only recommend financial products to their customers that are in...
  • Mediation: What Is It and How to Prepare

    05/18/2018 - 10:23 By Paige Foley
    Mediation is a monitored negotiation facilitated by a neutral third-party. It is a dispute resolution method available to investors. If the other side agrees, you can try mediation before ever filing a Statement of Claim and at any point afterward. Mediation differs from arbitration because the mediator does not make the decisions. Instead, the...
  • Mediation Tips and Tricks

    05/18/2018 - 10:19 By Paige Foley
    Mediations happen at a predetermined location. This is anywhere that the parties agree to meet. It could be an attorney’s office, a suite of rooms rented at a hotel, or even the mediator’s office. Securities disputes may be a bit different than other kinds of mediations. Usually the two parties are put into separate rooms, in order to...
  • Fiduciary Duties of Investment Advisers and Stockbrokers in Nevada

    05/07/2018 - 19:29 By Jacob Crawley
    Does your Financial Planner have a legal duty to act in your best interests? Recent research conducted by the RAND Corporation found that the average American does not understand how our complex financial system operates. For example, RAND found that most Americans do not understand the difference between a registered investment adviser and a...
  • Las Vegas Survivors Project

    05/07/2018 - 19:27 By Jacob Crawley
    What is the Las Vegas Survivors Project? In response to the October 1, 2017 shooting in Las Vegas, Nevada, individuals and entities across the nation contributed more than $31.4 million to the Las Vegas Victims’ Fund (“Fund”). Beginning March 5, 2018, the Fund began distributing funds to approved applicants. These distributions...
  • Investing with Robo-Advisors

    04/20/2018 - 22:18 By Kristopher Kalkowski
    When it comes to opening an investment account, you now have more options than you think—options that don’t even include an actual person handling your money. That is, investors today can turn to automated investment advice companies, often called “robo-advisors.” The robo-advisory route has significant advantages over...
  • Evaluating REITs: What is the difference and how do I decide?

    04/20/2018 - 16:29 By Eric Duhon
    Real-estate Investment Trusts, or “REITs,” can range from sensible offerings to a quazi-Ponzi schemes. Investors should do their research to know what they are buying. This post aims to explain the basics about how a REIT works and how to evaluate whether a particular REIT makes sense for your situation. What is a REIT? The SEC...
  • Watch Out for "Reverse Churning"

    04/20/2018 - 16:00 By Garrett Logan
    Investors should be careful if a broker asks them to trade their account too often. The term “churning” describes misconduct when a broker-dealer pushes an investor to make excessive purchases and sales when the transactions offer little to no utility to the investor. The key to “churning” is excessive trading conducted to...
  • Avoiding an Unpaid Arbitration Claim: The Investor’s Guide

    04/15/2018 - 12:39 By Kristopher Kalkowski
    The Financial Industry Regulatory Authority (“FINRA”) operates the largest securities arbitration forum in the United States. The forum provides a neutral, efficient, and fair setting for investors to resolve disputes with securities firms and individual brokers. But, as with other dispute resolution forums, FINRA arbitration has its...
  • More Money, More Problems: Avoiding the Riches to Rags Hall of Fame

    04/08/2018 - 11:53 By Garrett Logan
    Rising television contract deals have resulted in salaries for professional athletes that are nearly seven-times larger than they were twenty years ago. According to the NBA Players’ Association, its average player salary has grown from just over $1 million in the early 1990s, to nearly $7 million in 2017. Despite the NBA requiring entrants...
  • Check Yourself and Protect Your Wealth

    03/28/2018 - 13:49 By Eric Duhon
    Two friends are walking together when one asks, “Do you want to go out to eat at that Thai place around the corner?” —“Oh yeah! I saw that place the other day. Will you look up reviews?” “Sure,” says the first, as he pulls out his smart phone. “Ooh, 4.5 stars with 137 reviews. It looks like a great...