SEC Continues Record Crackdown But Does it Help Investors?

November 16th, 2012
by Daniel Carlson

Once again, it is record setting time at the SEC.  The United States Securities and Exchange Commission announced on Wednesday, November 14, 2012, that they have set yet another record in 2012 in their enforcement actions against broker-dealers, investment advisers, and senior executives involved in fraud.

Seal of the U.S. Securities and Exchange Commi...

Touting examples of their ramped up efforts, the SEC highlighted two cases – one against Oppenheimer Funds, which to have misled the investing public in funds that suffered dramatically during the financial crisis, and another against UBS Financial Services of Puerto Rico and several of its executives for disclosure violations in regards to the sales of mutual funds.

Despite the news of record setting enforcement activity, it is rare for damaged investors to ever be made whole as the result of an SEC enforcement action.  While the SEC may impose fines and penalties against the brokers and companies, individual investors are left with no other avenue but to pursue their grievances in private litigation either in court or binding arbitration.

At Carlson Law Firm, we are experts in protecting investors’ rights.  We offer a free evaluation of your case and based on that review, a variety of fee agreements.  We can help you recover what the SEC cannot, with the goal of making you whole again.

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