Florida Tag Archives — Page 3 of 6 — Securities Fraud Lawyers Blog

Florida Men Charged in Insider Trading Scheme

Published on: August 18, 2017 | by Savage Villoch Law, PLLC

Two Florida men have been charged with insider trading in relation to a larger investigation by the Securities and Exchange Commission (SEC). The investigation uncovered an insider trading scheme spanning from New York to Florida and California. The scheme was perpetuated by a former IT employee of a large, New York bank.

The man passed along insider trading tips to two of his friends in Florida, who created shell companies to carry out trades.

Not surprisingly, these two individuals were inexperienced traders, that’s why they participated in the scheme in the first place. If you’re a serious investor, you know that participating in illicit investment practices like insider trading is not only risky from a legal standpoint, but a risk financially as well.

Beware of Federal Retirement Savings Investment Fraud

Published on: August 4, 2017 | by Savage Villoch Law, PLLC

The federal government is one of the nation’s largest employers. It employs millions of people; you may even be one of them. One of the largest perks of government employment is access to retirement security. Millions of employees participate in some sort of federal retirement savings or investment plan. The popular Thrift Savings Plan (TSP) has over 5 million participants alone.

However, your federal retirement savings may be vulnerable to fraud. The SEC is warning retirement plan participants and investors, particularly TSP participants to beware of fraudulent activity.

Beware: Federal Retirement Savings Fraud

Investor Education: Know Your Order Types Before You Buy and Sell

Published on: July 21, 2017 | by Savage Villoch Law, PLLC

Maybe you want to make it big as an investor. Maybe you just want a nest egg for retirement or financial security for your family. Whatever the reasons, thousands of Americans everyday make their first steps to becoming active investors.

Before hitting the market though, there’s a lot would-be investors need to know; like understanding the different types of stock and securities investments, and how active an investment approach you’d like to take.

Once you’ve got that down, you’ve got to know the buy-and-sell process of trading. For that, you’ve got to know your order types.

Diversified Portfolio Investor or Salad Bar Investor: Which Are You?

Published on: July 14, 2017 | by Savage Villoch Law, PLLC

You’ve probably heard the term “diversified portfolio” before. The term brings to mind the image of a robust, varied assortment of assets and securities that not only generate generous returns, but act as a cushion against any one stock or security’s downturn.

Everyone wants a diversified portfolio, from fledgling investors to seasoned pros. However, there’s a fine line between your portfolio being diversified and it just being a hodge-podge.

Diversified portfolio or salad bar portfolio?

Why Big Banks Have a Financial Doomsday Plan

Published on: June 30, 2017 | by Savage Villoch Law, PLLC

Amid the fallout of 2008, when the nation’s banking giants toppled and our economy was sent reeling, Federal legislators and regulators decided that changes were needed. Most of these changes took shape as the Dodd-Frank Act, which provide the framework for much of our current banking regulation and oversight.

You’re probably familiar with Dodd-Frank, at least in part. It’s been a near constant topic of discussion on both Wall Street and Capitol Hill since it took effect. And this conversation has only increased during the Trump Administration.

However, did you know that part of Dodd-Frank requires banks to submit a financial doomsday plan outlining how they will dissolve in the event of a catastrophic collapse?

Common Online Trading Myths

Published on: June 19, 2017 | by Savage Villoch Law, PLLC

Nowadays, online trading has become a preferred method for many investors. From casual, at-home investors to more seasoned investors, online trading provides an accessible and efficient platform for securities trading.

While online trading has grown in popularity, there are still some common misconceptions about it. You may have heard someone telling you that online trading is not secure or that you don’t have access to actionable investment advice with these platforms.

This is untrue.

Stand By for the Following Message on Corporate Tax Cuts…

Published on: June 2, 2017 | by Savage Villoch Law, PLLC

A 2016 study by the Tax Policy Center comparing Trump’s then-stated plan and the current tax ratesOne of the big platforms that boosted Trump to the Oval Office was his promise to let business operate unencumbered. Throughout his campaign, he promised a hands-off approach to business, including wide-scale financial deregulation as well as considerable corporate tax cuts.

In fact, Wall Street was riding high post-election on sheer optimism. Financial and industrial stocks soared, reaching record peaks, in anticipation of the big regulatory rollback that was sure to follow.

For businesses, too, hopes were high. The Trump administration promised huge tax cuts for businesses and corporations.

Debate Over Trump’s Travel Ban Heats Up

Published on: May 26, 2017 | by Savage Villoch Law, PLLC

This week, a U.S. appeals court elected not to reinstate President Trump’s controversial travel ban. The decision by the appeals court moves the debate closer to the Supreme Court, as the issue gets more contentious.

The order called for a restriction on travel for people from six countries with a majority Muslim population. It caused a great amount of fervor when it was rolled out in January, due to it’s hap-hazard execution as well as its seemingly discriminatory language.

If you’ve been following the story, you know that it caused outrage and mass confusion at many U.S. airports as visa-holders from these countries were detained or denied entrance into the country. The poor roll-out was the initial reason for a judge in Hawaii to strike it down.

Retirees Get Seat at the Table in Puerto Rico’s Bankruptcy

Published on: May 19, 2017 | by Savage Villoch Law, PLLC

Retirees and pensioners will now have a voice at the negotiating table during Puerto Rico’s bankruptcy, according to a Reuters report. This month, the U.S. Trustee overseeing the filing procedure announced the appointment of a retiree committee.

While retiree committees are usually appointed in municipal bankruptcy filings, it is typically preceded with a formal ruling from the bankruptcy court. However, due to the extreme nature of Puerto Rico’s bankruptcy, the Trustee is acting without a judge’s ruling.

Puerto Rico’s Bankruptcy Overview

8 Tips for Safeguarding Your Online Investments Against Fraud

Published on: April 28, 2017 | by Savage Villoch Law, PLLC

In the internet age, cyber crime has become one of the top platforms for investment fraud and financial crimes. Many investors have begun making online investments instead of using traditional investment platforms. With this, comes the need to educate and inform about fraud targeting online investments.

The Securities and Exchange Commission has published an investor bulletin outlining helpful tips and resources to protect your online investments from fraud.

8 Tips for Protecting Online Investments