Misrepresenting or Omitting Facts:
Misrepresenting and omitting facts are two of the most common illegal
activities that brokers engage in. Misrepresenting means the broker lies or twists the truth
about things you need to know in order to properly decide whether to invest.
Omitting facts is more common for brokers than misrepresenting facts, probably because it is
easier on their conscience, but it is equally illegal. Some brokers who
misrepresent or omit facts are simply careless or negligent. Regardless of motives,
if the broker misrepresents or omits facts that are necessary for you to make an
investment decision, you are entitled to your money back for your losses.
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