Investments Archives - The Industry Spread

One Dallas Investment Adviser Suspended, A Second Ordered to Repay Commissions

June 20, 2019

Texas Securities Commissioner Travis J. Iles on June 6 sanctioned two Dallas investment adviser representatives for selling unsuitable investments to clients. The Commissioner suspended investment adviser representative Mark A. Trewitt for 90 days for selling unsuitable investments to clients, including one couple who invested half of their liquid assets in an Oregon-based private fund that collapsed in 2016.

FCA Confirms New Rules for P2P Platforms

June 10, 2019

Following consultation, the Financial Conduct Authority (FCA) is introducing rules designed to prevent harm to investors, without stifling innovation in the peer-to-peer P2P Platforms. When the FCA set its first rules for P2P, it committed to keep these under review as the sector evolved. These new rules are designed to help better protect investors and allow firms and fundraisers to operate in a long-term, sustainable manner.

Wesley R. Bricker, Chief Accountant, to Leave SEC

June 2, 2019

The Securities and Exchange Commission today announced that Wesley R. Bricker, Chief Accountant, plans to leave the agency after more than six years of distinguished service. Mr. Bricker was named as the SEC’s Chief Accountant in 2016, after serving as the deputy chief accountant.  Earlier, he served as a professional accounting fellow.

In A Self-Directed IRA, Make Sure You’re Not Your Own Worst Enemy

May 19, 2019

Investing for retirement usually means buying stocks, bonds, and mutual funds through a workplace retirement plan like a 401(k) or in your own IRA (Individual Retirement Account).If you want to buy riskier assets for your retirement account – things like precious metals – then you will likely have to open a self-directed IRA. Pay close attention to that “self” part, because it’s what makes it a riskier way to save for retirement.

FMA Publishes Guide To Investors Shares

April 1, 2019

The FMA has published a guide for investors shares on the nuts and bolts of choosing, buying, owning and selling.The guide, Share this! deals with the steps involved in investing in shares as well as the potential risks, to help people decide whether shares are the right investment for them.