The public has been bombarded with the many benefits of investing, yet only a fraction of investors understand how brokerage firms bend and even break the rules. Even fewer realize they have been defrauded and take action.
Tracy Pride Stoneman, an abritration lawyer, and Douglas J. Schulz, a former broker, have written the book that every investor should read. Despite being the most regulated industry in the country, the securities business consistently bends and breaks the rules. The authors reveal what those ""buy,"" ""sell,"" and ""hold"" recommendations really mean, the widespread conflicts of interest, and the most common abuses among brokerage firms. Stoneman and Shulz also discribe what investors can do to recoup any losses.
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