"Flat Fees or Fat Fees". PIABA Bar Journal, Fall 2003. This article discusses flat fee and wrap fee accounts of brokerage firms and why in many instances they are not in the best interest of investors.
"Concentration:
Too Much of a Good Thing?". PIABA Bar Journal, Summer 2002 Vol:
9, No 2. The article discusses the various aspects of concentrating
portfolios in stocks or sectors of the market and the inappropriateness
and damages concentration and lack of diversification can cause.
"Unauthorized Trading, Time and Price Discretion
& the Mismarking of Order Tickets". Practicing Law Institute (PLI) Securities Arbitration 2001,
August, 2001. The article addresses the regulations surrounding these three areas, and how regulators, compliance individuals, lawyers, and arbitration panels can determine if these violations have taken place. The article also suggest changes which are needed in the regulation of these infractions.
"No Duty – Does Suitability Apply to Internet Brokerage
Firms?". Published and presented at Public Investor’s Arbitration Bar Association, PIABA October,
2000. The article address the position of internet firms that say they have no duties as it relates to “suitability” and the “Know Your Customer Rule”. E*Trade is discussed specifically.
"Perils of the Net Trader". Published in
The Colorado Springs Business Journal, October 1999. This article specifically addresses an investor whose order execution with an internet trading firm was duplicated due to the firm's admitted false representation and how the firm dealt with the customer's complaint.
"Internet Market Orders Can Be Dangerous". Published in
The Colorado Springs Business Journal, August 20, 1999. This article addresses the use of market orders, limit orders, stop orders, and stop limit orders as they relate to internet trading.
"Internet Trading - Take a Walk on the Wild Side". Published in
Securities Arbitration 1999, Practicing Law Institute, July 1999. This article addresses the booming market in Internet trading; the pitfalls, and conflicts in trading through Internet brokerage firms, as well as the liability.
"An Additional Revenue Stream: The Second
Opinion Business." Published in the Financial Advisory Services Alert,
July 1999. CPA/Registered Investment Advisers (CPA/RIAs) who are currently
providing fee-based investment advisory services, and practitioners who
are contemplating offering such services, will find that the second
opinion business complements their existing practice and provides an
additional source of revenues
"The New NASD Arbitrator Selection System -
NLSS". Published in the Securities Arbitration Commentator, April 1999 #10-6. The NLSS was a major change in the NASD arbitrator selection system. The article explains some of the finer points of NLSS and discusses the strategies, benefits and downsides of the new system.
"Risk Tolerance of Investors". Published in Guide to Investment Advisory
Services, Practitioners Publishing Company, 1999. Evaluating the risk tolerance of an investor is an essential part of an investment advisor's practice. The article provides a framework to allow advisors to conquer such a historically complex task, and thereby make proper recommendations to their clients.
"Investors Level of Knowledge". Published in Guide to Investment Advisory
Services, Practitioners Publishing Company, 1999. The article and survey are tools designed to assist investment advisors to evaluate the investment knowledge of their clients.
"When Is An Order An Order? Unauthorized Trading by Securities Brokers". Published in
Securities Arbitration 1994, Practicing Law Institute, July 1994. The article covers the discussions that must take place between a broker and the client, the order process, discretionary trading, and the arbitration of unauthorized trading claims.
"Damages in Limited Partnership Cases". Published and presented at the
PIABA Second Annual Meeting/Conference, October 1993. The article discusses the proper methods to calculate damages and lost opportunities, as well as the accompanying support documents.
"Arbitration of Limited Partnership Cases". Published in the
Securities Arbitration Commentator, February 1992. The article addresses the marketing of limited partnerships in the 1980's and the arbitration of securities claims.
"The Use of Expert Witnesses in Securities Arbitration". Published in Securities Arbitration- Evaluation, Preparation,
Presentation, March 1991. Mr. Schulz has also spoken on this subject at a number of national and regional securities seminars.
"Forced Arbitration - Perfect Justice? Discovery in Arbitration". Published in the
Securities Arbitration Commentator, November 1990. The article explores the problems attendant to discovery in arbitration and offers suggestions for change and for working within the system.
