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In this session of Investors Watchdog University, Kelly Kesner and Pat Huddleston discuss investor rights. Pat emphasizes that investors have rights, countering the common misconception that risks in investing mean they must accept losses without recourse. Key rights include the expectation of basic fairness and good faith from the securities industry, which are often violated, particularly in cases of churning. Investors also have the right to be informed about all material facts related to their investments. The session aims to educate investors about their protections and entitlements within the financial landscape.