Category: News

Our Take on Federal Fiduciary Rule

Jan 10, 2018 / News

Chris Vernon discusses the Fiduciary Rule that has been in and out of the news lately. It is important that investment professionals have a duty to act in the best interest of their clients.

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FINRA Takes Disciplinary Action Against Firm for 16th Time in 20 Years

Jan 9, 2018 / News

According to a recent Investment News article, the primary regulator of brokerage firms (FINRA) just took disciplinary action against Meyers Associates – now known as Windsor Street Capital – for the 16th time in less than two decades. The most recent fine was $700,000, but what we find significant is the fact that the regulator has effectively allowed this firm to continue to deal with the investing public despite its […]

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Using Debt to Buy Bitcoin is a Bad Idea

Dec 15, 2017 / Cybersecurity

Joseph Borg, the president of the North American Securities Administrators Association and director of the Alabama Securities Commission, reported on CNBC this week that he had seen “mortgages being taken out to buy Bitcoin. People do credit cards [and] equity lines.” Investing with Borrowed Funds Is Risky Bitcoin, which briefly topped $19,000 on exchanges last week, has been aptly named “crypto tulips” by skeptics and “undervalued” by bullish investors. No […]

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Coinbase Struggles to Accommodate Users as Single Bitcoin Value Tops $19,000 Overnight

Dec 7, 2017 / News

Over the span of a few hours today, December 7, 2017, Bitcoin’s price sky-rocked to over $19,000 on the popular cryptocurrency trading platform Coinbase ­– only to plunge back down to $16,000. Incredibly, the rapid decline in value from over $19,000 to $16,000 happened within the course of a few minutes, all while many users found themselves locked out of their accounts and unable to capitalize on the record high-price. […]

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