Recently Released!!!
Date Published: July 7, 2015
Summary Power Point Deck: 53 Slides
Reference Power Point Deck: 873 Slides

The purpose of this research is to provide readers with an initial understanding of full-service brokerage firm stumbles and their impact on the financial services industry, various products & services, various markets & distribution channels, and specific financial services firms. This research addresses prominent full-service brokerage firm stumbles such as the mutual fund break points scandal, the mutual funds sales contests scandal, & the fee-accounts & reverse churning scandal.

Full-service brokerage firm stumbles can be grouped into four phases, including:

• Insurance Industry Stumbles Phase
• Insider Trading Phase
• Mutual Funds Industry Stumbles Phase
• Ponzi Schemes Phase

Full-service brokerage firm stumbles can be defined to include dozens of stumbles, including:

• Mutual Fund Commissions Disclosure
  
• Mutual Fund Break Points
  
• Mutual Funds Sales Contests
  
• Fee-Accounts & Reverse Churning
  
• Forgivable Loans
  
• Provident Royalties & Medical Capital
  

This research supports three conclusions for full-service brokerage firm stumbles, including:

• The Continuation of Sub-Standard Industry Ethics
• Hedge Funds, Investment Banks, Retail Banks, & Insurance Companies Continue to be the Most Frequent Repeat Offenders
• Limited Historical Regulator Enforcement Success with the Emergence of Rock Star Enforcers