Common Investment Pitfalls: An Introduction
This week, we will be discussing several common investment problems and offering practical tips for how to avoid them. Of course, should you find yourself facing one of these problems, we will also discuss how best to address them.
The investment pitfalls we will be discussing are increasingly the subject of FINRA arbitrations and SEC civil suits, so it is important to know how to protect yourself.
Here is a brief preview of the topics we will be covering:
Misrepresentation: Fraudulently misstating information to a client for the purpose of inducing them to purchase or sell a security.
Cold-calling: Making unsolicited or unwanted phone calls using high-pressure, persistent tactics.
Unsuitability: Recommending investments that are unsuitable based on a client’s investment objectives.
Unauthorized trading: Selling or purchasing securities without informing the investor and obtaining his or her authorization.
We invite you to check back every day for a new tip. If you think that you have already encountered one of the common problems listed above, it is important to contact an experienced securities fraud attorney.