A Few Minutes with FINRA: Small Firm Advisory Committee Recap

By | September 24th, 2018|Categories: FINRA, Investors|Tags: , , , , , , , |

The Small Firm Advisory Committee (“SFAC”) was formed in 1998. Currently, the SFAC chair is Wendy Lanton, of Lantern Investments. The purpose of the SFAC is to relay issues of interest and concern to the FINRA Board of Governors. Also, the SFAC reviews new and amended FINRA proposed rules and offers comments and guidance to [...]

What Is FINRA?

By | January 27th, 2017|Categories: Arbitration, FINRA, Mediation|Tags: , , , , , , |

FINRA is the Financial Industry Regulatory Authority. According to FINRA’s website, “FINRA provides the first line of oversight for broker-dealers and the first line of defense for investors by virtue of its comprehensive oversight program. FINRA regulates both the firms and professionals selling securities in the United States and the U.S. securities markets. In this [...]

Ponzi Scheme

By | March 12th, 2013|Categories: General Legal Information|Tags: , , , |

Securities Exchange Commission defines a Ponzi scheme as an investment fraud system that involves the payment of purported returns to existing investors from funds contributed by new investors.  In other words, it’s a scam to collect money without following through on its purported promises of investing. Ponzi schemes are also known as pyramid schemes. This [...]

Protect Your Oil and Gas Interests

By | March 5th, 2013|Categories: Investors, Oil and Gas|Tags: , , |

Various limited liability entities can protect your oil and gas interests. For instance, Limited partnerships or limited liability companies can protect your oil and gas interests by contractually limiting the management and succession principles by use of the partnership agreements. Interest holders can detail what duties are to be done by the manager or general [...]

Transvaginal Mesh Update

By | December 17th, 2012|Categories: General Legal Information, TVM|

Thousands upon thousands of women from all across the United States are dealing with the pain, discomfort, and frustration of complications caused by using surgical mesh to treat stress urinary incontinence and pelvic organ prolapse. The group US Drug Watchdog says, “We are now calling transvaginal mesh failure issues the absolute worst mess we have [...]

Raising Money

By | November 8th, 2012|Categories: General Legal Information|Tags: , |

Want to raise money for expansion? Do you have enough problems keeping up with cash flow to even think about growing your business? THE SPENCER LAW FIRM has lawyers who can be strategic advisors for your business. The Spencer Law Firm is adept at determining what your company needs to succeed, whether this includes structuring [...]

Be Smart About Your Medical Records

By | November 8th, 2012|Categories: General Legal Information|Tags: , , , |

It is ever so important that you always get copies of your medical records. Most health care providers are only required to maintain patient files for a period of seven years. As you probably now realize, any issues that you may have relating to a defective product used during a surgery or medical procedure may [...]

Transvaginal Mesh Victory

By | August 3rd, 2012|Categories: General Legal Information|Tags: , , |

Victory for transvaginal mesh victims! On Monday, July 24, 2012, a Californian Court found for a woman who sued Bard, a major transvaginal mesh manufacturer, claiming that the company knew that its mesh product was unsafe. The case had been in litigation for four years. A jury awarded $5 million to the wife and $500,000 [...]

Beware The Agent….

By | August 3rd, 2012|Categories: General Legal Information|Tags: , , |

Beware the Agent… In Texas, we like to believe that we are as good as our word. We don’t lie. We don’t cheat. We do the right thing. Well…think again. Regularly, I see small businesses come in with the same problem: They were hired to perform a service and then weren’t paid. There are as [...]

Transvaginal Mesh Implants

By | June 25th, 2012|Categories: General Legal Information, TVM|Tags: , , |

Surgical mesh is a metallic or polymeric screen used by surgeons since the 1950’s to treat a variety of medical conditions, both in men and women. In the 1970’s, gynecologists began using surgical mesh to treat pelvic organ prolapse (POP) in women. Then, in the 1990’s, the use of surgical mesh progressed to treat stress [...]