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I read that it is not necessary to file these with the court
answered on Jun 27, 2020
You have to "serve" the interrogatories (written questions) you are asking and you have to serve the answers to the ones you were asked. "Service" is usually done electronically today, in pdf format. Your interrogatories and your answers need to have a proof of service... View More 
We are going to pool our money into a single brokerage account. The account will be managed by one person who does not have a securities license. Is this ok?
Also, the members of the club would like to compensate the person who will be managing the account, keeping the records, etc. Is... View More
answered on May 14, 2020
Unless everything you are planning to do can be fit under the statutory heading of "Investment Clubs" (assuming California allows them) you and the trader who is making money are looking for big-time trouble.
However, is there anything in it for me to turn the company in?
The company has gone from zero value to $85 million in value and used me, a misclassified independent consultant, to raise money for them. I am going after the company based on being misclassified. But, could I receive... View More
answered on Mar 24, 2020
In my opinion, there is nothing in it for you. The whistleblower statute was created as an incentive for people to report fraud on the government, or waste of government assets or expenditures. I don’t see that in this situation.
I became aware of the lawsuit just today when calling to office to check on my $250,000 investment. I was never informed of this proceeding, and not listed as an interested party on documentation. It is in receivership. What do you suggest I do as next steps? Please advise, thank you.
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answered on Sep 30, 2019
Contact a lawyer. You may want to notify the receiver. You may have claims against the managers and those who sold it to you. You should act sooner rather than later.
As I was on my way out from the store, opening my car, a security guard stops me and asks me about the jewelry. I tell him I don't have it and that I left them inside the fitting room. I offered to go back inside with him to show him exactly where I placed it and he declines saying "I am... View More
answered on May 20, 2019
This is not a securities law question. I would post under a different category.
My paychecks are short , missing or different pay rate. Also i was promise a bouns ... i now have no work beside i believe i asked about my bouns. Hr and their scheduling are no help, they just sent me in circles.
answered on Jan 21, 2019
Unfortunately this is not a workers comp question. I tried to find a way to flag the questions, but there were no options. You need to post in employment law. There is no remedy in workers comp. for what you have described.
Based on FinCen determinations in FIN-2014-R004, R005 and R006, would this business process be considered an exemption from being a money transmitter?
Consumers that want to purchase products/services using cryptocurrency can pay us to make the purchase for them. They identify what they... View More
answered on Jan 11, 2019
You will need to retain an attorney to review your business model to determine if it is subject to FINCEN registration and regulation and/or other financial regulation. You may also be required to obtain a money transmission license from each state or country in which you conduct business and/or... View More
the federal ones?
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answered on Dec 11, 2018
Yes they do and they are stronger than the federal laws. They start at Corporations Code 25000
don't know his current whereabouts?
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answered on Nov 20, 2018
If there is wrongdoing, the brokerage firm he was associated with would be responsible.
answered on Nov 10, 2018
They work with matters involving stocks, bonds, and other financial instruments.
Tim Akpinar
answered on Oct 20, 2018
A triggering event refers to an occurrence that, once breached or met, it causes another event to take place. Triggering events are written into contracts to prevent or ensure that if something happens the next event will happen.
For example, you want to buy a newspaper at a news stand.... View More
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answered on Sep 14, 2018
If your options are in the money, you may want to exercise them. If a stockbroker recommended the options without warning you about the companies financial condition, you may be able to sue. You'll need to talk to an attorney.
www.securitieslaw-attorney.com
answered on Sep 12, 2018
When a Company issues shares, the "corporate formally" to do so, is a Board Resolution. In other words, it is the Board of Directors through a Board Resolution that authorizes the issuance of shares from the Corporate Treasury. It is not the officers but the Board of Directors who have... View More
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answered on Jul 17, 2018
Gather all your documents and put them is a safe place. Call an attorney to go over your case. Any attorney you talk to may ask you to write up a narrative (your story) as to what happened. It may be a good idea to start on that.
A tax lien was placed on my assets, then released, without my knowledge. My new employer wants me to have this recorded on my U4. Is there any way I can keep it off my U4?
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answered on Apr 25, 2018
Yes. Pursuant to question 14m on the form U4, only unsatisfied liens need to be reported.
all?
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answered on Apr 25, 2018
The SEC does not regulate bitcoin. As far as I know, nobody does.
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answered on Apr 25, 2018
Yes. They are required to disclose such things. You can check for yourself if you go to www.finra.org and type your broker's name in the "Brokercheck" box.
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answered on Apr 25, 2018
You can go after his firm. If there is a fraud, the broker's firm would be responsible.
She took out and defaulted on 4 loans using the account as collateral so the bank is wanting to pay off the loans and then split the remainder.
answered on Apr 2, 2018
need more facts
the first thing i would do is to contact the lawyer who worked on the divorce.
she appears to be in default of a court order.
you may have to go back to court to ask court to find her in contempt
if you did not retain a family law atty do so as that is not my area of law.
specifically in terms of what they can or cannot do with startup capital.
answered on Mar 22, 2018
More information is needed to answer your question. Most VC firms manage funds they create using investors money. In creating those funds they have to comply with SEC rules as well as state rules to the extent they apply. As to the use of the funds that is dictated by the terms of the fund and the... View More
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