Archive for the ‘Adam Strickland’
FINRA’s Great Gamble, With Your Money
Let’s assume you own a broker dealer. And lets also say that you have an Advisor who helps you manage your money, as most in your position would. Now - What would you say if your Investment Advisor told you that his well considered opinion is that you should take your entire portfolio and allocate [...]
GS Pays Out Entire BailOut In BONUSES: It’s Good To Be King
According to the U.K.’s Daily Mail, Goldman is set to pay all 443 partners Christmas Bonuses of approx $4.9M EACH, for total handout (including salary allocations) appproaching $11.4BL. This on the heels of taking in almost $10BL in BailOut Bux. Meeerrry Christmas! While I have not seen this confirmed yet in US papers, the above [...]
Covering Your Ass: The FINRA
Shows Us How Its’ Done
Mary Shapiro, CEO of the FINRA, had this to say in a communication to Broker Dealers, in response to recent market events: “As you know, FINRA’s primary responsibilities are regulating broker-dealers and the broker-dealer subsidiary of any newly formed bank holding companies, as well as protecting customer accounts. We do not have jurisdiction over the [...]
