OBSI Board of Directors Accepts Report of Independent Reviewer
Ombudsman for Banking Services and Investments Releases List of Frequently-Seen Seniors Issues
Ombudsman for Banking Services and Investments Releases List of Frequently-Seen Seniors Issues
In the majority of investment complaints that the Ombudsman for Banking Services and Investments (OBSI) reviews each year about advice-based accounts, investors complain that they received poor advice, their investments or investment strategies were unsuitable and/or that their investments did not perform as they expected. In such investment "suitability" cases, investors ask to be compensated for the investment losses they incurred.
OBSI issues list of most common fraud and scam complaints
Financial Consumer Complaints Increase in 2010
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