A wash sale is a transaction in which an investor sells a losing security to claim a capital loss, and within 30 days before or after the sale you Buy substantially the same securities, Acquire substantially the same securities in a fully taxable trade, or Acquire an option to buyContinue Reading

FINRA vs. the SEC: An Overview With all the financial organizations out there, knowing what they all do can be as complicated as knowing where to invest. The Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA)—formerly, the National Association of Securities Dealers (NASD)—are two of theContinue Reading