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Unsuitability Ruled Unsuitable for a Rule 10b-5 Action: Robertson v. MetLife Securities
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By Jill I. Gross

A recommendation of an unsuitable security cannot be the basis for a federal securities fraud claim,

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Explained Award: Anderson v. Allegis Investment Advisors, LLC
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EXPLAINED AWARD: ANDERSON v. ALLEGIS INVESTMENT ADVISORS, LLC, AAA ID #01-16-0005-0320 (Salt Lake City, UT, 1/8/18).

This 21-page AAA Explained Award,

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Explained Award: Tullis v. Ameriprise Financial Services, Inc.
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EXPLAINED AWARD: TULLIS v. AMERIPRISE FINANCIAL SERVICES, INC., FINRA ID #16-01261 (Portland, OR, 6/27/17).

This Award includes a so-called “Dissenting Decision” that is largely a concurrence fleshing out in detail the majority’s one paragraph “Findings” in favor of the customer claimants;

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Executing Investment Adviser’s Trades Without Informing Customer Triggers Broker-Dealer’s Suitability Duty to Customer: Milliner v. Mutual Securities, Inc.
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By Paul J. Dubow

Registered representatives who effect transactions on a customer’s behalf without informing the customer have implicitly recommended those transactions,

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Explained Award Features an Explained Dissent: Schneider v. Khalsa
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Explained Award: Schneider v. Khalsa, FINRA ID #16-00680 (Albuquerque, NM, 11/23/16).

Expungement recommendations by three-member panels are almost always unanimous,

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“What’s Past Is Prologue” – What’s Ahead for Arbitration Filings in the Wake of the Market’s Recent Volatility
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By George H. Friedman*

While he prays he is not correct, the author fears that … both the stock and bond markets will crash at the same time.

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