Norman Poser

Professor of Law Emeritus

250 Joralemon Street
Brooklyn, NY 11201
(718) 532-2224 |  Email
Areas of Expertise
Broker-Dealer Regulation
Securities Regulation
Education
A.B., Harvard College
LL.B., Harvard University Law School

Professor Poser Quoted on Investment Portfolios for Retirees

5/8/2010
In the Pittsburgh Post-Gazette, Ronald Heakins discussed how the loss of assets for retired investors is not due to the recession, but rather the improper handling of portfolios by brokers. Certain demographics—for example, retirees who largely depend on their investments for living expenses—should not be exposed to market risks. Heakins quoted Professor Norman Poser’s book, Broker-Dealer Law and Regulation: “Perhaps the clearest example of a suitability violation occurs where a broker recommends speculative securities to a customer whose financial situation clearly calls for conservative investments.”
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