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Though barred, rogue brokers often find work

Investment News

regulators say there is a shortfall of data for investors when it comes to such cases. Keeping track of rogue brokers is a tricky business, particularly when they leave or are booted from the confines of the securities industry, but keep peddling financial products. Take, for example, Jeffrey Forrest, who no longer sells securities through […]

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North State Man Accused of Bilking Investors Out of Millions in Ponzi Scheme

KNVN 24 TV

Ryan Bakhtiari was interviewed for this segment on KNVN 24 News.

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COMPLIANCE WATCH: Unlisted REITs Draw Scrutiny From Finra

Dow Jones

Regulators’ newly signaled concern over sales of non-traded and private real-estate investment trusts, or REITs, may be focused on dealings with seniors and with disclosure of just how illiquid these instruments are. The Financial Industry Regulatory Authority, or Finra, is conducting a sweep of broker-dealer sales and promotion practices related to non-exchange-traded and private REITs, […]

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Panel Awards $8.8M to SLO-based WealthWise Clients

San Luis Obispo Tribune

SLO County investors put money in risky hedge fund promoted as safe by adviser, regulator says More than $8.8 million has been awarded to a group of San Luis Obispo County investors – clients of Jeffrey Forrest of WealthWise LLC in San Luis Obispo – who lost millions in what amounted to a risky hedge […]

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SLO County Investors that Lost Millions in Failed Funds Win in Arbitration

San Luis Obispo Tribune

A group of San Luis Obispo County investors – clients of Jeffrey Forrest of WealthWise LLC in San Luis Obispo who had lost millions in the failed APEX Equity Options Fund – has been awarded more than $8.8 million in damages by the Financial Industry Regulatory Authority, an independent regulator of U.S. securities firms. The […]

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