Many ordinary individuals invest in stocks, bonds, securities, and commodities. They do so on the advice of brokerage firms and financial advisors. But what happens when non-experts are given poor advice by supposed financial experts? The video gives some brief insight into the kinds of commodities lawyers who can help in such a situation.
Although there is always a risk of losing money when you invest in the markets, the law provides some protection against brokers and advisors who behave badly or unscrupulously. In most instances, securities and commodities lawyers deal with the paperwork involved in buying and selling financial instruments.
But there is a branch of this field that engages in litigation on behalf of people who have suffered substantial losses owing to exceptionally bad recommendations. These attorneys represent their clients before the Financial Agency Regulatory Authority, also known as FINRA. The latter is the government body charged with overseeing brokerage and financial advisory firms. The aim of the lawyers who bring cases before them is to recover all or most of their client’s investment losses.
This is a highly specialized branch of the legal field that combines the analytical acumen of securities law with the argumentation skills of a criminal lawyer. Now you know all about it.