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Trump donor LPL Financial, one of the largest independent broker dealers, may have exposed client data for over a decade all under the eyes of FINRA and the SEC who have issued no ‘real’ fines, solutions or prosecutions. 2008 According to the SEC's order, LPL experienced multiple hacking incidents between July 2007 and early 2008, and unauthorized persons gained access to the online trading platform LPL provided for its registered representatives. https://www.sec.gov/news/press/2008/2008-193.htm 2018 LPL failed to investigate numerous attempts to gain unauthorized access to electronic systems that should have resulted in the filing of Suspicious Activity Reports. https://www.finra.org/newsroom/2018/finra-fines-lpl-2-point-75-million-for-complaint-reporting-and-aml-program-failures You can look up the incidents yourself, there are FAR too many to list, but for a firm whose Boston monkey execs tout it’s technology like a mantra, the reality is stuff like this....... https://onwallstreet.financial-planning.com/news/finra-fines-wells-fargo-lpl-and-others-144-million-for-lax-protection-of-client-data ...this https://www.finra.org/newsroom/2013/lpl-pay-9-million-systemic-email-failures-and-making-misstatements-finra ...and this https://www.investmentnews.com/article/20150506/FREE/150509961/lpl-financial-fined-11-7-million-for-widespread-supervisory-failures ...again...these are the best paid and ‘protected’ imbeciles in the history of financial markets.....

Trump donor LPL Financial, one of the largest independent broker dealers, may have exposed client data for over a decade all under the eyes of FINRA and the SEC who have issued no ‘real’ fines, solutions or prosecutions. 2008 According to the SEC's order, LPL experienced multiple hacking incidents between July 2007 and early 2008, and unauthorized persons gained access to the online trading platform LPL provided for its registered representatives. https://www.sec.gov/news/press/2008/2008-193.htm 2018 LPL failed to investigate numerous attempts to gain unauthorized access to electronic systems that should have resulted in the filing of Suspicious Activity Reports. https://www.finra.org/newsroom/2018/finra-fines-lpl-2-point-75-million-for-complaint-reporting-and-aml-program-failures You can look up the incidents yourself, there are FAR too many to list, but for a firm whose Boston monkey execs tout it’s technology like a mantra, the reality is stuff like this....... https://onwallstreet.financial-planning.com/news/finra-fines-wells-fargo-lpl-and-others-144-million-for-lax-protection-of-client-data ...this https://www.finra.org/newsroom/2013/lpl-pay-9-million-systemic-email-failures-and-making-misstatements-finra ...and this https://www.investmentnews.com/article/20150506/FREE/150509961/lpl-financial-fined-11-7-million-for-widespread-supervisory-failures ...again...these are the best paid and ‘protected’ imbeciles in the history of financial markets.....

For anyone attempting to answer the question: Is this company a pyramid scheme? Just food for thought if anyone you know is contemplating an MLM company. Is it a pyramid scheme, or not? If you happen to stumble upon a great secret company where people are making lots of money and they want you to join, you should be aware of pyramid schemes that are out there. I will provide some positions that experts have taken with regards to the MLM model of business that fuels the scams currently operating. On the existence of companies operating as pyramid schemes: "Based on pyramid scheme history and lax oversight, I can say with confidence there are multi-level marketing firms operating pyramid schemes that have been operating for many years," says William Keep, dean of the school of business at The College of New Jersey, an expert on multi-level marketing and pyramid schemes. Source http://www.cnbc.com/id/1003646... Lax oversight. I wonder what he means when he references lax oversight? I suppose maybe the fact that Bernard Madoff Investments swindled over 40 billion, over the course of over 40 years while being registered with FINRA and its predecessor NASD, could be considered a fairly good example of lax oversight. Source http://www.finra.org/Newsroom/... How about the FTC, the agency responsible to ensure that companies protect private information. In 2006, thefts of laptop computers from the FTC and the VA resulted in the release of over 25 million people's private information. So the agency responsible for securing your right to privacy is dumb enough to store private information on laptops sitting in he back seat of someone's car. Source http://www.gartner.com/id=4934... These are the Keystone Kops who are supposed to be watching out for us, just sitting at their desks and shuffling papers. Nothing ever happens until there is a public outcry that results in a threat to some politician's approval rating. On the question of whether being traded on the NYSE is a gu

For anyone attempting to answer the question: Is this company a pyramid scheme? Just food for thought if anyone you know is contemplating an MLM company. Is it a pyramid scheme, or not? If you happen to stumble upon a great secret company where people are making lots of money and they want you to join, you should be aware of pyramid schemes that are out there. I will provide some positions that experts have taken with regards to the MLM model of business that fuels the scams currently operating. On the existence of companies operating as pyramid schemes: "Based on pyramid scheme history and lax oversight, I can say with confidence there are multi-level marketing firms operating pyramid schemes that have been operating for many years," says William Keep, dean of the school of business at The College of New Jersey, an expert on multi-level marketing and pyramid schemes. Source http://www.cnbc.com/id/1003646... Lax oversight. I wonder what he means when he references lax oversight? I suppose maybe the fact that Bernard Madoff Investments swindled over 40 billion, over the course of over 40 years while being registered with FINRA and its predecessor NASD, could be considered a fairly good example of lax oversight. Source http://www.finra.org/Newsroom/... How about the FTC, the agency responsible to ensure that companies protect private information. In 2006, thefts of laptop computers from the FTC and the VA resulted in the release of over 25 million people's private information. So the agency responsible for securing your right to privacy is dumb enough to store private information on laptops sitting in he back seat of someone's car. Source http://www.gartner.com/id=4934... These are the Keystone Kops who are supposed to be watching out for us, just sitting at their desks and shuffling papers. Nothing ever happens until there is a public outcry that results in a threat to some politician's approval rating. On the question of whether being traded on the NYSE is a gu