Brokerage Fraud: What Wall Street Doesn't Want You to Know

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Dearborn Trade Pub., 2001 - Business & Economics - 312 pages
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The public has been bombarded with the benefits of investing. Yet, what brokerage firms and stockbrokers fail to tell individuals is how the securities industry bends and breaks the rules to the detriment of investors. Only a fraction of bilked or defrauded investors ever realize it and even fewer take action. For the first time ever, Securities fraud experts Tracy Pride Stoneman and Douglas J Schulz unveil valuable secrets that every investor should know to protect his or her assets. Readers will learn: The top abuses seen in brokerage accounts. Tricks and defences investment firms use to immobilize investors they have wronged. Unique conflicts of interest that occur with online and traditional firms. How to select ethical brokers and advisors. How to evaluate current brokers or firms to determine if changes need to be made. Steps investors can take to recoup their loses, if they think they've been wronged. Financial services professionals often fail to tell investors about the dark side of the brokerage firm business, the investments they recommend, the handling of their accounts, and what consumers can do about it. The secrets outlined by Stoneman and Schultz are destined to bec

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Brokerage fraud: what Wall Street doesn't want you to know

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Stoneman, an attorney who specializes in securities cases, and Schulz, a former broker turned securities fraud consultant, have produced a guide to fraud in the securities industry for the individual ... Read full review

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About the author (2001)

Douglas J. Schulz is a reformed broker with more than 20 years' experience in the securities industry as an advisor, consultant, author, and sought-after expert witness for securities fraud cases. He is frequently quoted in general news, business, and legal publications nationwide, and was a source in the national bestseller, "Serpent on the Rock".

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