{"id":527,"date":"2009-06-11T15:07:52","date_gmt":"2009-06-11T15:07:52","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2009\/06\/to_the_sec_why_it_is_necessary"},"modified":"2009-06-11T15:07:52","modified_gmt":"2009-06-11T15:07:52","slug":"to-the-sec-why-it-is-necessary","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/to-the-sec-why-it-is-necessary\/","title":{"rendered":"To The SEC: Why It Is Necessary to Change Public Reporting Requirements on Stockbrokers"},"content":{"rendered":"

\t\t\t\tRecently, Shepherd Smith Edwards & Kantas LTD LLP Founder and Securities Fraud Attorney William Shepherd <\/a>wrote a letter to the Securities and Exchange Commission voicing his support for needed changes to the public reporting requirements on stockbrokers. His letter was published on the SEC’s Web site and included a number of key facts and statistics, including:<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0 The # of registered US brokers<\/em>: Over 500,000 brokers \u00b7 The # of investors:<\/em> More than 50 million, and nearly all of them have recently lost money on their investments \u00b7 The # of US securities fraud<\/a> claims filed in arbitration<\/em>: About 5,000 claims \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0 The # of investors that file for recovery<\/em>: 1 out of every 10,000 investors <\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0 The # of investors that contact Shepherd Smith Edwards & Kantas LTD LLP each year about a possible stockbroker fraud case<\/a><\/em>: About 5,000 investors \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0 The # of stockbroker fraud cases our securities fraud law firm<\/a> takes on each year<\/em>: About 150 cases \u00a0<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Recently, Shepherd Smith Edwards & Kantas LTD LLP Founder and Securities Fraud Attorney William Shepherd wrote a letter to the Securities and Exchange Commission voicing his support for needed changes to the public reporting requirements on stockbrokers. His letter was published on the SEC’s Web site and included a number of key facts and statistics, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3773],"tags":[],"class_list":["post-527","post","type-post","status-publish","format-standard","hentry","category-broker-fraud"],"yoast_head":"\nTo The SEC: Why It Is Necessary to Change Public Reporting Requirements on Stockbrokers — Investor Lawyers Blog — June 11, 2009<\/title>\n<meta name=\"description\" content=\"Recently, Shepherd Smith Edwards & Kantas LTD LLP Founder and Securities Fraud Attorney William Shepherd wrote a letter to the Securities and Exchange — June 11, 2009\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/to-the-sec-why-it-is-necessary\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"To The SEC: Why It Is Necessary to Change Public Reporting Requirements on Stockbrokers — Investor Lawyers Blog — June 11, 2009\" \/>\n<meta name=\"twitter:description\" content=\"Recently, Shepherd Smith Edwards & Kantas LTD LLP Founder and Securities Fraud Attorney William Shepherd wrote a letter to the Securities and Exchange — June 11, 2009\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards & Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"To The SEC: Why It Is Necessary to Change Public Reporting Requirements on Stockbrokers — Investor Lawyers Blog — June 11, 2009","description":"Recently, Shepherd Smith Edwards & Kantas LTD LLP Founder and Securities Fraud Attorney William Shepherd wrote a letter to the Securities and Exchange — June 11, 2009","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/to-the-sec-why-it-is-necessary\/","twitter_card":"summary_large_image","twitter_title":"To The SEC: Why It Is Necessary to Change Public Reporting Requirements on Stockbrokers — Investor Lawyers Blog — June 11, 2009","twitter_description":"Recently, Shepherd Smith Edwards & Kantas LTD LLP Founder and Securities Fraud Attorney William Shepherd wrote a letter to the Securities and Exchange — June 11, 2009","twitter_misc":{"Written by":"Shepherd Smith Edwards & Kantas, LLP","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/to-the-sec-why-it-is-necessary\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/to-the-sec-why-it-is-necessary\/"},"author":{"name":"Shepherd Smith Edwards & Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"To The SEC: Why It Is Necessary to Change Public Reporting Requirements on Stockbrokers","datePublished":"2009-06-11T15:07:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/to-the-sec-why-it-is-necessary\/"},"wordCount":419,"articleSection":["Broker Fraud"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/to-the-sec-why-it-is-necessary\/","url":"https:\/\/www.investorlawyers.com\/blog\/to-the-sec-why-it-is-necessary\/","name":"To The SEC: Why It Is Necessary to Change Public Reporting Requirements on Stockbrokers — Investor Lawyers Blog — June 11, 2009","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2009-06-11T15:07:52+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Recently, Shepherd Smith Edwards & Kantas LTD LLP Founder and Securities Fraud Attorney William Shepherd wrote a letter to the Securities and Exchange — June 11, 2009","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/to-the-sec-why-it-is-necessary\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/to-the-sec-why-it-is-necessary\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/to-the-sec-why-it-is-necessary\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"To The SEC: Why It Is Necessary to Change Public Reporting Requirements on Stockbrokers"}]},{"@type":"WebSite","@id":"https:\/\/www.investorlawyers.com\/blog\/#website","url":"https:\/\/www.investorlawyers.com\/blog\/","name":"Investor Lawyers Blog","description":"Published By Investment Fraud Attorneys \u2014 Shepherd Smith Edwards & Kantas, LLP","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.investorlawyers.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431","name":"Shepherd Smith Edwards & Kantas, LLP","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","caption":"Shepherd Smith Edwards & Kantas, LLP"},"sameAs":["https:\/\/www.investorlawyers.com\/"]}]}},"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pedX9K-8v","_links":{"self":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=527"}],"version-history":[{"count":0,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/527\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}