Merrill Lynch Ends Relationship with 44-Year Veteran in Indianapolis for Policy Violations

Posted on July 6th, 2023 at 1:13 PM
Merrill Lynch Ends Relationship with 44-Year Veteran in Indianapolis for Policy Violations

From the desk of Jim Eccleston at Eccleston Law 

Merrill Lynch has ended its association with Bruce McCaw, a highly experienced industry professional who began his career in 1971.

McCaw, who had been with Merrill for 44 out of his 51 years in the industry and operated from an Indianapolis office, was terminated on Monday for breaching firm policies related to order entry, order acceptance, books and records, and communications. The reason for his departure was disclosed in a publicly available U5 filing.

With client assets totaling $445 million, McCaw held a prominent position in the industry and was ranked #47 in the state by Forbes in 2021.

 

Eccleston Law LLC represents investors and financial advisors nationwide in securities, employment, transition, regulatory, and disciplinary matters.

 

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