The Broker-dealer's Liability for Recommendations

The Broker-dealer's Liability for Recommendations

Author: Heinz-Dieter Assmann

Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften

ISBN: STANFORD:36105043802466

Category: Brokers

Page: 122

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In today's capital markets the individual investor finds it increasingly difficult to gather, select and evaluate all the information that is required to make a reasonable investment decision. It is the broker-dealer who steps into the breach. The service he renders as a professional intermediary of informations culminates in investment recommendations. The threat of being held liable should ensure that a broker-dealer's recommendation is the result of a sound inquiry into the security and the customer's situation. This study examines the extent to which such a remedy is actually provided for under the U.S. securities laws and the so-called suitability rules of self-regulatory organizations (i.e., broker-dealer associations and stock exchanges).
The Broker-dealer's Liability for Recommendations
Language: en
Pages: 122
Authors: Heinz-Dieter Assmann
Categories: Brokers
Type: BOOK - Published: 1982 - Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften

In today's capital markets the individual investor finds it increasingly difficult to gather, select and evaluate all the information that is required to make a reasonable investment decision. It is the broker-dealer who steps into the breach. The service he renders as a professional intermediary of informations culminates in investment
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Language: en
Pages: 656
Authors: Alan R. Palmiter
Categories: Law
Type: BOOK - Published: 2017-04-28 - Publisher: Wolters Kluwer

A favorite classroom prep tool of successful students that is often recommended by professors, the Examples & Explanations (E&E) series provides an alternative perspective to help you understand your casebook and in-class lectures. Each E&E offers hypothetical questions complemented by detailed explanations that allow you to test your knowledge of
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Language: en
Pages: 554
Authors: Marc I. Steinberg
Categories: Law
Type: BOOK - Published: 2009-08-14 - Publisher: LexisNexis

This Understanding treatise follows a logical sequence of analysis of a securities issue. The author begins by defining a "security" and registration exemptions, and then continues through the process for non-exempt transactions. Understanding Securities Law clearly, thoroughly, and concisely addresses the subjects covered in basic Securities Regulation courses, including: •
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Language: en
Pages: 4330
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Categories: Law
Type: BOOK - Published: 2015-09-16 - Publisher: Wolters Kluwer

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Language: en
Pages: 455
Authors: Alan N. Rechtschaffen, Jean-Claude Trichet
Categories: Business & Economics
Type: BOOK - Published: 2014 - Publisher: Oxford University Press, USA

In today's financial world overwhelmed by capital market upheaval, it is important to understand the intricacies of new regulation, and individuals must have a strong foundation in how capital markets function, as well as how financial instruments and derivatives work. Capital Markets, Derivatives, and the Law provides readers with the