Tag Archives: broker


DITMo: Eavesdropping on an Adviser Meeting at Starbucks

by Peter J. de Marigny Statistical Mistakes Advisers Tell Clients  I was sitting at a table waiting for my appointment to show up at a local Starbucks when I overheard a financial adviser speaking to a client.  The colored chart printouts for asset allocation relative to the client’s investment horizon, liquidity requirements and risk tolerance filtered down to representative investments […]

SEC Charges Equity Research Firm Owner

December 16, 2014 Dear Friends, Today, the SEC  announced charges against an equity research firm owner for engaging in wash trades – creating the misleading appearance of consistent active trading in an otherwise thinly traded stock. Additionally, the SEC alleges that the owner and his employees acted as unregistered brokers by raising over $2.5 million from investors, on behalf of […]