SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Brokerage-Chat Site Securities Fraud: A Lawsuit
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dave O. who wrote (1308)6/29/2003 1:09:19 PM
From: Graystone  Read Replies (2) of 3143
 
Lotteries, casinos ?
or
Investing.

Have you ever bought a lottery ticket in a lottery that had no prize ? Have you ever gambled with a person who cheats ?
When you deal with an investment advisor or a broker you are not buying lottery tickets, nor are you being dealt a poker hand. Your broker has a duty that exceeds the commission. Mr. Asser's assertion is a simple one, the brokers and advisors that he dealt with were seeking commissions and were making recommendations to clients based on obtaining commissions, no other motive.

I expect barkers at the fair, if Mr. Asser's contentions are correct, his brokers were nothing short of barkers, pitchmen selling the latest piece of plush to the marks.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News