IndependentInvestor Newsletter 087C of 06 03 2010 

Today's quote:If a merchant entrusts money to a broker for some investment, and the broker suffer a loss in the place to which he goes, he shall make good the capital to the merchant. Code of Hammurabi, c.1810BC-1750BC

 

Hello [NAME],

This is our eighty-seventh newsletter on current events and new developments, always from the viewpoint of the independent investor. If you are a new member, click here for general information about our newsletters.

Twitter

During the past week we tweeted on how to calculate the return on your portfolio.

This week we discuss a report on misconduct by financial advisers.

We hope you enjoy it.

Study on financial advisors by Laval university center on law and economics

Do you trust your financial advisor or portfolio manager? With all the scandals in the financial sector over the past few years, we are entitled to ask whether legislative, regulatory or other corrective measures are necessary. A team of professors from Laval University led by Raymonde Crête has completed the first phase of a major research program on the prevention of misconduct in the areas of financial advice and portfolio management.

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