News & Events
In Honor of Memorial Day
In honor of Memorial Day, The Law Office of Anthony B. Bingham, P.C. will be closed on Monday, May 30, 2016.
MetLife Sanctioned $25M For Variable Annuity Activities
“…FINRA announced today that it has fined MetLife Securities, Inc. $20M and ordered it to pay $5M to customers for making negligent material misrepresentations and omissions on variable annuity replacement applications for tens of thousands of customers.”
If you have a MetLife variable annuity and believe you were misled, call us today at 480.832.1922.
5 Things To Know About Transferring A Brokerage Account
According to FINRA, “When investors transfer securities account assets between broker-dealers, the process runs smoothly for the vast majority of the thousands of accounts transferred each year. But there are times when delays occur and investors have questions. Here are 5 things you should know about the account transfer process.”
What You Need To Know About Financial Planners
“Unlike brokers or investment advisers, the financial planning profession does not have its own regulator. Instead, individuals who call themselves financial planners may be regulated in relation to other services they provide.” Read the FINRA Article Here.
3 Extra Days For 2016 Tax Filing Deadline
We get three extra days to gather paperwork and file federal tax returns in 2016! Thanks to Washington, D.C., who will celebrate Emancipation Day on April 15, this year’s tax deadline is April 18.
How Investors Can Avoid Getting Fooled
“April 1st is a day to indulge in silly hoaxes and pranks. But there’s nothing funny about a fraudster carrying out a scam – and no one will yell ‘April Fools’ to make the harm melt away,” said Gerri Walsh, Senior VP of Investor Education at FINRA. “So instead of offering practical jokes, we’re marking the start of Financial Literacy Month with practical tips for becoming a smarter investor.”
Beware Of High-Yield CD Offers
A recent FINRA Alert “High-Yield CD Offers Can Be Bait for High-Commission Investments” reports…
“Maybe you’ve seen ads promoting “High CD Yields!” that offer rates significantly higher than other bank products. If you inquire about the certificate of deposit (CD), you may find yourself listening to a sales pitch and ultimately owning a very costly, potentially risky investment.”
INVESTOR ALERT
A recent FINRA alert discusses how, “High-Yield CD Offers Can Be Bait for High-Commission Investments.” This alert comes following a high number of calls to the Securities Help Line For Seniors. Click here to read more.
Tracy Neal Wengert of Lakeside, Arizona Barred from FINRA
Tracy Neal Wengert of Lakeside, Arizona (page 36) has been barred from association with any FINRA member in any capacity.
Wishing You Joy, Peace And Happiness For The New Year!
The Law Office of Anthony B. Bingham, P.C. will close at noon on December 31st and will be closed on January 1st in observance of the New Year. Have a safe 2016!