Ask the Dolans: Do I have any recourse against my broker?

Updated

Ken and Daria Dolan, America's First Family of Personal Finance, answer your money questions every Friday.

Click here to ask Ken and Daria your question.

With the economy in turmoil, many folks are looking for someone to blame for the huge losses in investments. While most of us just have to grin and bear it through these tough times, there are some cases where you may actually have a case against your broker who did investing on your behalf.

Watch our video response to see when you can (and can't) hold your broker responsible for investment losses.

Dear Ken and Daria,

I've lost an awful lot of my investments. Do I have any recourse against my broker?

-Mary




Not sure where to put your money in the midst of a recession? Ken and Daria show you which investments work and which to avoid, only on Dolans.com.

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