Is Robinhood safe for the average investor? FINRA regulators are creating trouble for broker-dealers that treat investors unfairly. After Robinhood suspended trading for investors, but not powerful hedge funds, regulators started asking questions. Today, they are eyeing the recent GameStop versus Wall Street drama for evidence that Robinhood failed to follow FINRA rules. What Does…

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Scott Turcott (CRD #: 3123428), a broker registered with Oppenheimer & Co., is involved in a new investor dispute, according to his BrokerCheck record, accessed December 2, 2020. This is his fourth client complaint. On October 6, 2020, a client alleged that Mr. Turcott had breached his fiduciary duty to his client. As a registered…

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An investor “shorts a stock” when they borrow a stock hoping that it will decline in value by a certain date. (Investors can borrow stocks for a fee.) In order to make a profit, the short seller sells their borrowed stocks, hoping the price of the stocks will have fallen by the deadline. If the…

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