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Eccleston Law Blog

Former UBS Financial Advisor Suspended and Fined Over Unauthorized Trading Allegations

August 19th, 2026 at 12:44 PM
The Financial Industry Regulatory Authority (FINRA) suspended a former UBS Wealth Management USA broker for three months and fined him $10,000 after finding that he executed hundreds of trades in two customers' accounts without the required written authorization.
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FINRA Suspends Former Gradient Securities Advisor

August 19th, 2026 at 12:29 PM
The Financial Industry Regulatory Authority (FINRA) has suspended former Gradient Securities representative Mark J.
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Senior Protection Case Study: Edward Jones and Senior Investor Safeguards

August 18th, 2026 at 12:29 PM
A recent incident involving Edward Jones illustrates how challenging it may be to employ safeguards for protecting older clients from financial exploitation.
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Federal Judge Allows Investor Class Action Over Lightstone REIT Disclosures to Proceed

August 17th, 2026 at 11:29 AM
A federal judge has allowed investors to proceed with a class-action lawsuit alleging that directors and advisors of three Lightstone Value Plus REITs failed to disclose a significant conflict of interest before shareholders voted on amendments extending the funds' operating periods.
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Cash Sweep Litigation Continues to Drive Legal Costs

August 14th, 2026 at 3:14 PM
Cash sweep litigation continues to increase legal costs for wealth management firms despite the Securities and Exchange Commission's (SEC) decision under the Trump administration to close pending investigations without imposing enforcement penalties, according to AdvisorHub.
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FINRA Orders Centaurus Financial to Pay $1.1 Million Over Variable Annuity Supervision Failures

August 13th, 2026 at 11:59 AM
The Financial Industry Regulatory Authority (FINRA) has ordered Centaurus Financial Inc.
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Proposed FINRA Enforcement Reforms Draw Mixed Reactions From Industry Participants

August 12th, 2026 at 12:59 PM
A new report recommending changes to the Financial Industry Regulatory Authority's (FINRA) enforcement program has generated mixed reactions from investor advocates, securities attorneys and industry professionals, according to ThinkAdvisor.
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FINRA Fines RBC Capital Markets $275,000 Over Anti-Money Laundering Compliance Deficiencies

August 10th, 2026 at 4:47 PM
The Financial Industry Regulatory Authority (FINRA) has censured and fined RBC Capital Markets $275,000 after determining that the firm failed to establish and implement reasonable anti-money laundering (AML) policies and procedures.
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Federal Judge Rejects Merrill Lynch's Renewed Bid to Force Dynasty Into FINRA Arbitration

August 10th, 2026 at 4:44 PM
A federal judge has denied Merrill Lynch's second attempt to compel Dynasty Financial Partners to arbitrate a high-profile dispute arising from allegations that the registered investment adviser (RIA) platform orchestrated the departure of a large Atlanta-based advisory team, according to AdvisorHub.
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Account Takeover Fraud Continues to Rise as Cybercriminals Refine Their Tactics

August 6th, 2026 at 11:15 AM
Cybercriminals continue to refine account takeover schemes, driving billions of dollars in losses for businesses and consumers each year.
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Thank You from the bottom of our hearts for all you have done for us. When we realized this was a very bad investment - we did not know where to turn for help. Then we received your name. When we called you - you were so kind to us and then agreed to help us. For this we are so very grateful. The world would be a much nicer place if there were more people like the two of you in it. We will always remember all the help and kindness you have shown us. Thank you so very very much for everything.

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LATEST NEWS AND ARTICLES

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September 2, 2026
Lakers Owner Sells Team for Record $12.5 Billion Amid Federal Probe

Guggenheim Partners CEO Mark Walter has sold his majority stake in the Los Angeles Lakers just as federal regulators investigate potential financial improprieties at insurance and annuities companies that he owns, InvestmentNews reports.

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September 1, 2026
FINRA Proposes New Rules to Fix Unpopular Arbitrator Selection Process

The Financial Industry Regulatory Authority (FINRA) wants to change how it selects arbitrators when its standard process fails to produce enough available panelists.

1788198557 Law
August 31, 2026
FINRA Suspends Two Former Brokers Over $8 Million Private Securities Transactions

The Financial Industry Regulatory Authority (FINRA) has suspended two former brokers in Yorba Linda, California, for 10 months and fined each $10,000 over allegations that they participated in the sale of approximately $8 million in promissory notes issued by a private equity fund without their firm's approval, according to AdvisorHub.