Tag: Commentary

otc markets
Brokers Investors

Bloomberg Claims – Is the Stock Market Rigged? Most People Think So – We Don’t.

There was an interesting article at Bloomberg.com, which contends that insider trading is everywhere, and no one seems to care.

Having spent the better part of three decades as a securities attorney, and an investor, it seems to me that all three statements are not true. The stock market is not rigged, insider trading is not everywhere, and lots of people care about insider trading.

Churning
Brokers Compliance Investors

Was the Account Churned?

Churning is excessive trading in a customer’s account by a broker taken in the context of the customer’s financial situation and investment objectives. While no one test is available to determine if an account has been churned, churning requires three elements, first, excessive trading, and second, control of the account […]