Apple’s Falling Stock Price Causes Further Damage to Reverse Convertible Notes Linked to Apple

Reverse convertible notes linked to Apple stock have been popular investment products in recent years because they appear to provide above-average yields and resemble corporate bonds. As noted in previous posts though, reverse convertible notes (RCNs) are complex derivative investments that are rarely suitable for retail investors. To the average investor, RCNs resemble short-term corporate…

FINRA’s Proposed Changes to BrokerCheck Helps Investors

FINRA has proposed a new rule regarding its BrokerCheck system, which gives investors access to information about a financial advisor’s business and disciplinary history. The new rule would “require its broker-dealer members to include a prominent description of, and link to, BrokerCheck…on their websites, social-media pages and any comparable Internet presence.” Under this new proposed…