Archive for July, 2010

The SEC is taking a much-needed closer look at “protected” securities.

In the aftermath of the recent economic meltdown, the U.S. Securities and Exchange Commission is requiring financial firms to provide information on how they market “principal-protected” notes to their investors.
Principal-protected notes are complex securities that are typically marketed as carrying a money-back guarantee on an investor’s principal. These investments are making a comeback [...]

Variable Rate Annuities

Napoli Bern Ripka, LLP is currently seeking clients who incurred losses investing in variable rate annuities. Our firm is filing claims on behalf of clients against insurance companies and financial services companies who made unsuitable recommendations to invest in variable rate securities. A variable rate annuity is an insurance contract in which, [...]