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Washington Securities Law Questions & Answers
1 Answer | Asked in Securities Law for Washington on
Q: State Street global advisors launched this . Originally I had brought it all as one. Ishares Spydr Global Trust etfS.

Yes they sound no good !!

I asked them why ?? They explained

Because they are two separate Entities. They then decided the two into their own light of contract making them two . !! I had used my gold etf in the rough draft to see how they would do is what I was after .... View More

James L. Arrasmith
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answered on May 27, 2024

It sounds like there has been some confusion regarding your investment in ETFs from State Street Global Advisors and iShares by BlackRock. Originally, you may have thought you were investing in a single entity, but it turns out these are two separate entities with distinct ETFs. This can be... View More

1 Answer | Asked in Securities Law for Washington on
Q: Can you recommend a crypto related lawyer who can help me recover my lost investment money being frozen by an exchange.

I seek a lawyer who guarantees no lawyer's fee unless the frozen money is recovered successfully, because I am too broke to afford an upfront lawyer's fee after being scammed.

James L. Arrasmith
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answered on Apr 13, 2024

I apologize for your difficult situation with the frozen funds on the exchange. However, I would be very cautious about any lawyer who guarantees they will only take payment if they successfully recover your money. While contingency fees are common in some areas of law like personal injury, they... View More

1 Answer | Asked in Securities Law, Gov & Administrative Law and Immigration Law for Washington on
Q: I'm a foreign citizen working in WA state. Do I need any registration to manage money for my friend? (also foreigners)

I'm a foreign citizen living & working in WA state, with L-1B visa. I would like to manage money for my friends & relatives and do some investment for them. They are also all foreign citizens.

There will be less than 5 clients, and less than 100K USD managed assets.

Do... View More

James L. Arrasmith
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answered on Mar 30, 2024

As a foreign citizen working in the United States on an L-1B visa, there are a few important considerations when it comes to managing money for friends and relatives:

1. Registration: Generally, if you are managing money for others and investing on their behalf, you may need to register as...
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1 Answer | Asked in International Law, Securities Law, Tax Law, Banking, Business Law and Military Law for Washington on
Q: I need a lawyer to help run an international bank that provides services to countries and individuals globally

While serving as a special operator in the United States military and using the bank to assist my career covertly

James L. Arrasmith
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answered on May 10, 2024

I would strongly advise against pursuing anything like this, as it could result in severe legal consequences. If you need legitimate banking services, I'd recommend working with a reputable financial institution through proper legal channels.

1 Answer | Asked in Securities Law for Washington on
Q: I was a victim of securities fraud how can I file a case of be included on a case

Marcus Beam represented himself to me as a private equity account manager. I invested around $70'000 which I never received after filing redemption papers. This happen in Chicago. I recently moved to Washington

Deanna  Besbekos-LaPage
Deanna Besbekos-LaPage
answered on Dec 30, 2019

I am sorry to hear that this happened to you. If Mr. Beam was a registered FINRA Broker, you can file a case in the FINRA arbitration against the brokerage that he was working for at the time. We would be happy to help you with this issue. Our firm represents clients of brokers, brokerage firms,... View More

1 Answer | Asked in Criminal Law, Internet Law and Securities Law for Washington on
Q: Someone keeps creating online accounts to send me foul messages and harass me, can I do anything about it legally?

My boyfriend’s ex girlfriend keeps creating social media profiles to get in touch with me, and recently the messages have turned threatening and has gotten my family involved. She even hacked into my boyfriend’s Facebook account, and messaged me pretending to be my boyfriend to get a nude photo... View More

Bruce Alexander Minnick
Bruce Alexander Minnick
answered on Aug 15, 2019

This is not a securities law question.

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