Brian Maguire is also accused of lying to FINRA staff about his trading activities, trading in securities for companies that he was personally covering as …
[…] […]
Following the Crowd: Investing and Social Media
No matter where you get your trading insights, and whether you are following a recommendation to buy stocks, bonds, options or something else, know this: where there is opportunity, there is also risk. Here are 10 tips.
[…]
Stock Up on Information Before Buying Stock
If you view market volatility as an opportunity to purchase more stock at a favorable price, make sure you look beyond the ticker symbol to confirm you are buying the right company. Many companies have similar names.
[…]
It Pays to Pay Attention to Your Brokerage Account Statements
One of the best ways you can protect your investment portfolio is to monitor your holdings and activity. You should make it a habit to review online or paper account statements and trade confirmations on a regular basis. You should review your statement as soon as you receive it to confirm it correctly reflects your investment decisions and any actions you made or authorized during the time the statement covers.
[…]
Beware of Stock Fraud in the Wake of Hurricanes
Financial fraud routinely follows on the heels of disaster. Hurricanes and their aftermath are no exception. We are issuing this Alert to warn investors that investment scams may come your way touting stocks and other investments with the promise of huge gains in the wake of major hurricanes.
[…]
Social Sentiment Investing Tools—Think Twice Before Trading Based on Social Media
FINRA and the SEC’s Office of Investor Education and Advocacy are issuing this Investor Alert to inform investors about social sentiment investing tools and highlight their risks. This Alert provides tips to consider before using tools that analyze or aggregate information from social media sources to make investment decisions or attempt to predict changes in the stock market’s direction or in the price of a security.
[…]
Broker Imposter Scams: Remember To Ask And Check
FINRA is aware of a recent scheme that involved an unregistered individual impersonating a registered investment professional to lure in potential investors. This scammer created a fake version of a public FINRA BrokerCheck® report of a legitimate broker—picking an experienced broker with a spotless regulatory record.
[…]
Beware of Fake Check Scams
Fake checks purported to be issued by FINRA appear to be back in circulation in 2019. The checks are counterfeit. Our updated Alert warns the public about job-search scams in which people who respond to ads or online job postings receive checks that appear to be from legitimate companies—including FINRA.
[…]
High-Yield CD Offers Can Be Bait for High-Commission Investments
We are reissuing this alert because, as interest rates have increased in recent months, so have calls to FINRA from investors concerned that promotions for higher-than-average CD rates are in fact pitches for high-commission investment products.
[…]
Initial Coin Offerings (ICOs)—What to Know Now and Time-Tested Tips for Investors
FINRA is issuing this alert to inform investors that investments in digital assets, such as ICO tokens and cryptocurrencies, can involve significant uncertainty, as well as risks that are different from more conventional assets like stocks or bonds.
[…]
Advance-Fee Frauds Keep Dropping the FINRA Name—Don’t Fall for “Regulator” Imposter Ploys
Fraudsters continue to impersonate FINRA executives, offering bogus investment “guarantees” to investors as part of an advance-fee scam. Read more about the lengths these fraudsters go to in creating a false sense of security.
[…]
