Securities investing and trading is carefully regulated by rules

and laws for the protection of public investors. Securities fraud

is the violation of these rules, particularly through various

deceptive actions and schemes to cheat or take advantage of

investors.

Mr. Capretz, the principal of the firm, has served as a NASD

arbitrator for several years.

Most investors who have been defrauded do not know what

happened to their investments until it is too late. But even after

the losses have occurred, the law provides a mechanism for

investors to recover their losses which were caused by a

stockbroker's misrepresentations or abuse of the account.

Federal and state laws provide a legal remedy for defrauded

investors to recover their losses. Investors may also be entitled

to compensation for the loss of income that their investments

should have been generating, interest on the losses and legal

fees.

A procedure has been established for the resolution of

stockbroker/customer disputes in an efficient and economical

manner through arbitration. Stockbrokers and brokerage firms

are subject to binding arbitration of complaints regarding

customer accounts. This provides the opportunity for defrauded

customers to present their claims before an impartial panel of

arbitrators whose decision will be binding on all the parties.

Stockbrokers and brokerage firms have certain obligations and

duties to their customers. And investors have a right of recourse

if their account has been abused or if they have been defrauded

by an investment advisor. As an investor you have certain rights

which you should be aware of, rights which may provide you an

opportunity to recover your losses from your stockbroker or

brokerage firm.

If you or someone you know is an investor who

believes that he or she may have been the victim of an

unscrupulous stockbroker, contact Capretz & Associates for a