The SEC recently approved new FINRA rules designed to protect seniors from financial elder abuse. Beginning February 2018 brokerage firms will be allowed to place a temporary hold on a disbursement of funds or securities when the firm has a reasonable belief of potential financial exploitation. Firms also will be required to take reasonable efforts to include the name and contact information for a trusted contact person on a customer’s account. Purpose of the FINRA Rule...
Hopefully your business is growing. Your projects may be moving ahead so successfully that the last thing on your mind is a disagreement with a client, partner, or vendor; however, as most of us realize, even in the best of times disputes can occur. That's why when two or more parties decide to work together on a project where money is being exchanged for services, they generally take preventative measures beyond the talk and the...