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Posts Tagged ‘real investor protection’

HR 757: “We the People” for Real Investor Protection

Posted by Larry Doyle on July 31st, 2012 10:06 AM |

In the same spirit as that which inspired those who signed our Declaration of Independence, I welcome attaching my name to the following proclamation in support of HR 757 for real investor protection. What makes the proclamation highlighted below so special? It is truly a grass roots effort. As noted attorney Helen Davis Chaitmain asserted:

People are contributing money for these ads in order to educate the electorate that our representatives (and the SEC) have forgotten that they represent the people.  They have allowed Wall Street (“SIPC”) to renege on its statutory obligation to insure each brokerage account up to $500,000.  Why would any honest hard-working American vote for someone who doesn’t support this bill?”

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Support H.R. 757 for Real Investor Protection

Posted by Larry Doyle on March 5th, 2012 8:47 AM |

All too often I have heard over the last few years from investors violated by the Wall Street-Washington incestuous process and feeling totally disenfranchised as a result. Why have investors gotten trampled?

Great question and worthy of widespread debate and discussion. In an attempt to narrow our focus today, let’s zero in on the Securities Investor Protection Corporation, the organization designed to:

restoring funds to investors with assets in the hands of bankrupt and otherwise financially troubled brokerage firms. The Securities Investor Protection Corporation was not chartered by Congress to combat fraud.

From where does SIPC raise its funds in order to offer this protection to investors?  (more…)






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