FINRA

FAQ’s About Indexed Annuities – Florida Indexed Annuity Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney

Published on: November 12, 2013 | By Russell L. Forkey, P.A.

South Florida Indexed Annuity Fraud and Misrepresentation Litigation and FINRA Arbitration Attorney:

What is an indexed annuity?

An indexed annuity is a type of contract between you and an insurance company. During the accumulation period – when you make either a lump sum payment or a series of payments – the insurance company credits you with a return that is based on changes in a securities index, such as the S&P 500 Composite Stock Price Index. Indexed annuity contracts also provide that the contract value will be no less than a specified minimum, regardless of index performance. After the accumulation period, the insurance company will make periodic payments to you under the terms of your contract, unless you choose to receive your contract value in a lump sum.

FAQ’s Annuities – South Florida Fixed and Variable – Deferred and Immediate Annuity Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney

Published on: November 10, 2013 | By Russell L. Forkey, P.A.

Florida Fixed and Variable – Deferred and Immediate Annuity – Fraud and Misrepresentation Litigation and FINRA Arbitration Attorney:

FAQ’s About Annuities:

An annuity is a contract or agreement with an insurance or investment company that provides a source of income or series of payments, from the investment either now or at a set future date, such as retirement. There are two basic types of annuities, deferred and immediate. Deferred annuities allow assets to grow tax-deferred over time before being converted to payments to the annuitant. Immediate annuities allow payments to begin within a year of purchase.

Margin – Leverage Abuse and Exploitation – South Florida Leverage and Margin Abuse, Exploitation and Manipulation FINRA Arbitration and Litigation Attorney

Published on: September 30, 2013 | By Russell L. Forkey, P.A.

Leverage Abuse, Exploitation and Manipulation – South Florida State and Federal Fraud, Misrepresentation and Breach of Contract Attorney:

Leverage may be used in a number of circumstances. In the business arena, three common uses, of leverage, relate to investments, financial leverage and operating leverage.

Investment Leverage (also known as margin) uses the equity in your brokerage account as a means of attempting to enhance the return on your equity without increasing your investment capital. Using margin, as part of your investment strategy, carries with it a number of risks, which you should fully understand before putting this strategy into effect. Both the Federal Reserve and brokerage firms have a number of rules that regulate the use of margin. Some key phrases are “initial margin,” “maintenance margin,” “house call,” and “Reg. T. Call.”

Form U4 – Application for Securities Industry Regulation or Transfer – South Florida Brokerage and Account Executive Attorney

Published on: August 14, 2013 | By Russell L. Forkey, P.A.

Form U4 – Uniform Application for Securities Industry Registration or Transfer – South Florida Broker/Dealer and Account Executive Alert.

The Form U4 is the Uniform Application for Securities Industry Registration or Transfer. Representatives of broker-dealers, investment advisers, or issuers of securities must use the Form U4 to become registered in the appropriate jurisdictions and with the appropriate self-regulatory organizations (“SROs”). The Form U4 elicits administrative information (e.g., residential history, office of employment, outside business activities) and disclosure information (e.g., criminal charges and convictions, customer complaints, bankruptcies) about a representative. Firms and individuals have a continuing obligation to ensure that a Form U4 is timely updated when an event or proceeding occurs that renders a prior response on the form inaccurate or incomplete.

The purpose of this post is to provide the reader with generic information relative to the Form U4. It is not designed to be complete in all material respects. Thus, it should not be relied upon as legal advice. If the reader has any questions concerning this issue, you should contact a qualified professional

Edward D. Jones & Co., L.P. d/b/a Edward Jones – Florida Fixed Income Fraud, Mismanagement and Breach of Fiduciary Duty FINRA Arbitration and Litigation Attorney

Published on: December 12, 2012 | By Russell L. Forkey, P.A.

Edward D. Jones & Co., LP. d/b/a Edward Jones – St. Louis, Missouri:

The Financial Industry Regulatory Authority, Inc. (FINRA) is a self-regulatory authority assigned the responsibility, by the Securities and Exchange Commission, to license, regulate and discipline securities broker/dealers and their employees, including account executives. In the event that FINRA elects to institute and enforcement action, firms and licensed individuals have the responsibility to reflect such action of their U-4 and/or U-5 filings, which can be viewed on the FINRA website under the broker-check section of the site or by viewing the monthly disciplinary information also provided on the FINRA site.

The monthly disciplinary information is referenced on the site generally in alphabetical order. This post relates to the following company or individuals. If the reader would like to review the entire FINRA release or the broker-check information concerning this matter, you can follow these highlighted links:

David Austin Kembel – South Florida Improper Borrowing Funds From Securities Clients FINRA Arbitration and Litigation Attorney

Published on: October 23, 2012 | By Russell L. Forkey, P.A.

David Austin Kembel – Roanoke, Virginia:

The Financial Industry Regulatory Authority, Inc. (FINRA) is a self-regulatory authority assigned the responsibility, by the Securities and Exchange Commission, to license, regulate and discipline securities broker/dealers and their employees, including account executives. In the event that FINRA elects to institute and enforcement action, firms and licensed individuals have the responsibility to reflect such action of their U-4 and/or U-5 filings, which can be viewed on the FINRA website under the broker-check section of the site or by viewing the monthly disciplinary information also provided on the FINRA site.