Blog
May 17, 2016
The firm announces the filing of a FINRA arbitration and its continuing investigation of the sales practices of Karl Romero (Nasdaq:LPLA) for his management of client accounts and the overconcentration of energy and/or real estate related stocks including: Gastar Exploration Arbor Realty Resource Capital Corp. We are currently investigating whether all material risks of the […]
May 9, 2016
The FINRA Board of Governors met this week to discuss a number of issues, including several rulemaking items. A summary of the rule proposals that relate to FINRA arbitration, as approved by the FINRA Board, are below. Broadening Chairperson Eligibility in Arbitration The Board authorized filing with the SEC proposed amendments to Rules 12400 and […]
April 26, 2016
One of the hottest investment products being pitched by Wall Street, in the low interest environment that has persisted over the past few years, has been Energy Master Limited Partnerships (“MLPs”) – an investment product with above average yields and, all too often, above average commissions for the financial advisors who have touted them. Unfortunately, […]
April 12, 2016
Recent statistics indicate that there are over 110 MLPs trading on major exchanges, with oil & gas midstream activities – gathering, processing, natural gas compression, pipelines, storage, refining, distribution, and marketing – representing the dominant activity. Understanding MLP Risks The latest U.S. Securities & Exchange Commission filings by a number of Energy Master Limited Partnerships […]
April 6, 2016
As noted in an April 1, 2016 article in The Wall Street Journal (“MLP Investors’ Maze of Tax Trouble Keeps Getting Worse”), investors are learning the hard way that energy Master Limited Partnerships, set up to shield companies from Uncle Sam, could have unexpected tax consequences when times get tough. Understanding the structure and implications […]
