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In this session of Investors Watchdog University, Kelly Kesner and Pat Huddleston discuss investor rights. Pat emphasizes that investors do have rights despite common misconceptions about the investment world being solely risk-driven. He stresses that losses do not mean investors must accept them without recourse. Key rights include the entitlement to fairness and good faith from the securities industry. A common violation of these rights occurs in "churning" cases, which will be explored in future sessions. Additionally, investors have the right to be informed about all material facts related to their investments.