Moulton & Arney, LLP Alerts Investors to FINRA Sanction Regarding Chase Floating Rate Loan Funds and

Cynthia Moulton, of Moulton & Arney, LLP reminds investors that financial advisors have a duty to ensure the investments they recommend are suitable. (PRWEB) November 21, 2011 In a 2011 FINRA News Release Chase Investment Services Corporation (“CISC”) improperly recommended floating rate funds and unit investment trusts (“UITs”) to inexperienced investors with conservative goals. According to FINRA, CISC brokers lacked “reasonable grounds” to believe the recommended products were appropriate for their customers. FINRA also charged that CISC failed to adequately supervise the sale of
Contributor
PR Web
PR Web
Lanham, Maryland
Law Marketing
1.800.345.5572
About
PRWeb, a leader in online news and press release distribution, has been used by attorneys, law firms and more than 40,000 organizations
Download

Related Documents in PR Web
MCLE Sales

Categories