Posts by Teri
SEC Obtains Emergency Order Halting Fraudulent Coin Offering Scheme
05/29/2018 12:00 PM EDT The Securities and Exchange Commission today announced it has obtained a court order halting an ongoing fraud involving an initial coin offering (ICO) that raised as much as $21 million from investors in and outside the U.S. The court also approved an emergency asset freeze and the appointment of a receiver…
Read MoreSEC Charges Former Bitcoin-Denominated Exchange and Operator With Fraud
02/21/2018 03:10 PM EST The Securities and Exchange Commission today charged a former bitcoin-denominated platform and its operator with operating an unregistered securities exchange and defrauding users of that exchange. The SEC also charged the operator with making false and misleading statements in connection with an unregistered offering of securities. The SEC alleges that BitFunder…
Read MorePerformance
There are some professions where you cannot make a mistake. A trapeze artist is one of them. What this performer is doing is amazing. Graceful and balanced. It is a risky situation to be in. There is no safety net underneath her. She must perform flawlessly. Perfectly. Every time. Fortunately for the rest of us,…
Read MoreSEC Charges Long Island Investment Professional in $8 Million Scam Targeting Long-Standing Brokerage Customers
Washington D.C., May 30, 2018 The Securities and Exchange Commission today charged a former registered representative with defrauding long-standing brokerage customers in an $8 million investment scam. According to the SEC’s complaint, Steven Pagartanis, who was affiliated with a registered broker-dealer, told some investors – including retirees who had been Pagartanis’s customers for many years…
Read MoreLet’s Talk About Mutual Fund Fees
In this article I am going to focus on mutual fund fees. Mutual funds take up a lot of shelf space in the investment world. If you have a retirement account, a savings account, or a cash account it is likely you are invested in a mutual fund. No matter where or what or with…
Read MoreJanet Yellen: Former Head of the Federal Reserve
To fully understand the significance of Janet Yellen’s position as head of The Federal Reserve it is worth a moment to understand what the Federal Reserve does. The link below will take you to the home page of the Federal Reserve: https://www.federalreserve.gov/ “The Federal Reserve conducts the nation’s monetary policy by managing the level of…
Read MoreStart Investing
The Modest Economist ™ Start Investing. No Experience Required. The Modest Economist is a publication dedicated to teaching women how to invest. Regardless of your experience, education, profession, or stage of life, learning how to invest is a process anyone can learn. Friends often ask me “How do I start investing?” or “What am…
Read MoreSEC Stops Ponzi-Schemer Targeting Retail Investors and Obtains Preliminary Injunction and Asset Freeze
03/23/2018 03:27 PM EDT The Securities and Exchange Commission today announced charges and a preliminary injunction and asset freeze against Niket Shah, a New Jersey resident who stole more than $250,000 in a Ponzi scheme in which his friends and coworkers invested. Based on investor complaints, the SEC moved quickly to investigate and charge Shah. According…
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