We find tremendous value in adding Senator Riegle to our team
Newport Beach, Calif. (PRWEB) May 13, 2009
SmartStops.net, the leader in providing easy, effective risk protection for stocks and ETFs, today announced that former Michigan Senator Don Riegle joined its Advisory Board.
"We find tremendous value in adding Senator Riegle to our team" said SmartStops.net CEO Brent Collins. "The wisdom and experience he brings will play an important role in helping SmartStops make it easier for investors to more effectively monitor and continuously protect their investment portfolio."
Senator Riegle has 28 years of congressional service and an extensive background working with financial markets. During his three terms in the United States Senate, he served six years as chairman of the Senate Banking Committee, leading several major financial restructuring bills to enactment. He also served on four other major Senate committees: Finance, Commerce, Labor and Human Resources, and Budget. Additionally, he chaired several key subcommittees, including Health Care, Securities, and Science and Space. He is currently chairman of APCO Worldwide's government relations team and helps develop and direct client strategy for governments, companies, associations and various nongovernmental organizations. Senator Riegle presently serves on the board of directors of two New York Stock Exchange listed companies.
Because of considerable time and training required, investors and advisors often struggle to know when they have a chance to protect their investment from losing significant value. SmartStops.net monitors user portfolios and immediately warns investors when a stock or ETF shows significant probability of further decline. Available for most US-listed stocks and ETFs, SmartStops are sell triggers calculated each day using an innovative approach that considers current technical indicators, historical trends and advanced exit methodologies optimized for up, down and sideways markets.
Senator Riegle stated, "I see this as a smart opportunity to help investors achieve greater confidence and better returns with less effort. SmartStops has a unique service that breaks new ground in helping investors to better protect their profits and defend against loss."
As said by President Obama in his inauguration speech, "(The market's) power to generate wealth and expand freedom is unmatched, but this crisis has reminded us that without a watchful eye, the market can spin out of control."
SmartStops offers portfolio monitoring, alerts and information that helps investors "buy and protect" using advanced behind-the-scenes analytics and user friendly processes. Free portfolio protection is offered for the first three stocks or ETFs. Since its launch last year, SmartStops has attracted an asset base exceeding $1 billion. Broker partners using SmartStops to help clients maintain constant risk protection include TD AMERITRADE (AMTD). For more information contact 877-654-7766 or visit SmartStops.net.