Brian Smiley appeared on the Practicing Law Institute’s program “Securities Arbitration in the Market Meltdown Era” held on August 12, 2009. He was a speaker on two panel discussions concerning arbitration practices.
Selling Toxic Debt to Seniors
Business Week quotes Brian Smiley on toxic debt in bond funds sold to seniors. The subprime securities that created carnage on Wall Street are bringing new pain to Main Street. Regulators in five states are investigating whether Memphis brokerage Morgan Keegan failed to disclose the risks of seven mutual funds stuffed with toxic debt and […]
Brian Smiley Completes Service as Public Member of the National Arbitration and Mediation Committee
Brian Smiley completed five years of service as a public member of the National Arbitration and Mediation Committee. The 13 members of the NAMC are appointed by FINRA to advise the Board of Directors of FINRA in the drafting of arbitration rules and the recruitment, training, and evaluation of arbitrators. The members of the NAMC are […]
Brian Smiley on the Faculty of Practicing Law Institute
Brian Smiley was on the faculty of the Practicing Law Institute’s Securities Arbitration 2007 program “Arbitrators and Mediators—Winning Their Hearts and Minds” held on August 8, 2007 in New York City. His paper, “Breaking the Nest Egg: Using Traditional Theories to Handle New Cases” appears in the PLI course book.
$700K Closes the Door on A.G. Edwards Fraud Case
Brokerage firm settles with state over sales practices at Proctor & Gamble plant in Augusta Brokerage firm A.G. Edwards & Sons will pay a $500,000 fine and reimburse the state $200,000 for its investigation into stock fraud, bringing to a close a case that resulted in the largest securities settlement ever in Georgia.
Client Wins First Round Against Brokerage
Atlanta Business Chronicle reports on a punitive damage award for a factory worker. The arbitration panel that heard the first of about 75 cases against the Augusta office of the brokerage firm A.G. Edwards & Sons Inc. has awarded the former client in the case nearly $1 million.
Panel Finds Brokerage Defrauded GA. Retiree
Large award for defrauded Proctor & Gamble worker. Fulton County Daily Report
Investors Growl as Bear Market Losses Sink In
Columnist Andrew Leckey cites Brian Smiley on a broker’s duties. Investing is not a game. That point is brutally driven home during every bear market, when dreams are shattered and investors doubt themselves, their brokers and even the financial system.
Heard Off The Street: Burned Investors Find Bear Can Bring Out Worst in Broker
Brian Smiley: “99 times out of 100, if a broker is liable, the firm is.” In the spring of 2000, just as the 2 1/2-year stock market slide was getting under way, Rickey Miller of Homer City was a little uneasy about his portfolio as he headed off on a cruise to Tahiti. So he […]
Tips On Avoiding Getting Sucked Into Bad Investment (CNNfn Transcript)
Brian Smiley interviewed on CNNfn by Ali Velshi. Ali Velshi, CNNfn anchor, Business Unusual: The good old days, your stockbroker’s number was kept on speed dial and every stock you bought went through the roof. But now, trusting your investment is like trusting the weather and even when the forecast calls for sunshine, you still bring […]
