Archived
I invested money with a private company and for several years have requested documentation of the investment.
Michael's answer
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Answered on July 08, 2015
Need to know more information about the nature of the investment. How did you learn of it? Were you solicited and who handled the transaction? ...
Archived
My father had stocks and bonds my sister won't divulge that they even exist how do I find out for myself ?
Michael's answer
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Answered on July 02, 2015
Need more facts. Is your father deceased? If so, is your sister the executor? Was there a will? Difficult to give any direction at this point.
Does initial issuance of stock (founder's stock) require SEC Form D filing, or any federal/state filing for that matter?
Michael's answer
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Answered on July 02, 2015
I would need more information. Who is getting the shares? Were they sold? In exchange for what? is it a personally held entity or something to...
Archived
How do you start a private investment club?
Michael's answer
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Answered on July 01, 2015
Some brokerage firms allow you to open up an "investment club" account. See the other SEC article posted. There are issues as to how you hold...
How do I start a small private investment fund managing family and friends' money?
Michael's answer
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Answered on July 01, 2015
My first concern is needing approval from your employer. Setting this up without your employer's approval can also run afoul of FINRA rules. I...
Archived
What usual protections or options clients have to consider against an insurance company that offers financial services too?
Michael's answer
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Answered on June 29, 2015
What is the contract you are trying to get out of? Sounds like there is an issue with an annuity? What kind of annuity? Variable, fixed, or...
Can I sue my financial advisor for Failure To Execute?
Michael's answer
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Answered on June 29, 2015
Need more facts. I looked up that URL and it was broken. Is your financial advisor affiliated with a brokerage firm? Without knowing much more...
Archived
Is it illegal or unethical to sell corp stock short if the corp is being sued?
Michael's answer
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Answered on June 29, 2015
Unless you possess material, non-public, inside information it should be ok however, you asked about it being "unethical." Are you an employee,...
Archived
Publicly traded company with two share classes?
Michael's answer
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Answered on June 24, 2015
It is uncommon for a public-traded issuer to have dual-class shares with unequal voting rights (e.g., Berkshire Hathaway and Google).
How long does it take for fee arbitration hearing date to be assigned? Read it is done within 6 months of filing?
Michael's answer
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Answered on June 22, 2015
You might want to contact the administrator to get an update from the arbitrator/panel.
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