Archive for the ‘Kay Securities’ Category

SEC Wants to Know Whether a NJ Brokerage Firm is a Ponzi Scheme

Monday, January 14th, 2008

Registered Broker-Dealer.  Member of the Financial Industry Regulatory Authority (FINRA).  Securities Investor Protection Corporation (SIPC).   Every brokerage firm you’ve ever done business with touts those three things.  Let’s admit it-unless you work in the industry, those claims make the firm sound stable, solid, and safe.  They give it an aura of legitimacy.  A case the SEC is investigating should cure us all of that misunderstanding. (more…)