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Eccleston Law Blog

Schwab Imposes New Limits on Tax-Aware Long-Short Investment Strategies

July 6th, 2026 at 1:07 PM
Charles Schwab Corp.
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Financial Services Institute Backs New Jersey Bill Protecting Independent Advisor Model

July 2nd, 2026 at 1:07 PM
The Financial Services Institute (FSI) has urged New Jersey lawmakers to advance legislation that would help preserve the independent contractor status of financial advisors operating in the state.
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Private Credit Funds Face Scrutiny Over Software Exposure Amid Investor Concerns

July 1st, 2026 at 11:38 AM
Private credit fund managers are facing increased scrutiny over their exposure to software companies as investors continue to pull money from the sector during ongoing market volatility.
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FINRA Signals Stronger Enforcement Focus on Reg BI, Excessive Trading, and Best Execution

June 30th, 2026 at 12:23 PM
The Financial Industry Regulatory Authority (FINRA) plans to intensify its enforcement efforts against Regulation Best Interest (Reg BI) violations, excessive trading, options trading, churning, and best execution failures after bringing a record number of retail investor protection cases in 2025, according to ThinkAdvisor.
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Former Arvest Wealth Representative Sanctioned by FINRA Over Improper Use of Mistaken Commission Payment

June 29th, 2026 at 10:55 AM
The Financial Industry Regulatory Authority (FINRA) has suspended former Arvest Wealth representative Brandon Still for 18 months and fined him $5,000 after determining that he improperly used firm funds that were mistakenly deposited into his account.
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FINRA Seeks to Make Remote Inspection Program Permanent

June 26th, 2026 at 2:10 PM
The Financial Industry Regulatory Authority (FINRA) is seeking approval from the Securities and Exchange Commission (SEC) to make its pandemic-era remote inspections program permanent before the current pilot is scheduled to expire in June 2027, according to AdvisorHub and FINRA's summary of its recent Board of Governors meeting.
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SEC Alleges Illinois Investment Adviser Misappropriated Investor Funds and Concealed Losses

June 25th, 2026 at 11:10 AM
According to a litigation release published on SEC.gov, the Securities and Exchange Commission (SEC) has charged John Sterling Myers and his firms, Sterling Capital, LLC and Sterling Capital Management, LLC, with orchestrating a multi-year fraud involving investor funds held in a pooled investment vehicle.
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FINRA Suspends Former Broker Over Undisclosed Business Activities, Annuity Recommendation, and Customer Data Violations

June 24th, 2026 at 12:55 PM
The Financial Industry Regulatory Authority (FINRA) has suspended former registered representative Clayton K.
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NASAA Advances Investment Adviser Advertising Reforms and Franchise Broker Registration Framework

June 23rd, 2026 at 10:55 AM
The North American Securities Administrators Association (NASAA) has approved significant regulatory initiatives aimed at modernizing oversight of investment advisers and strengthening protections for individuals considering franchise investments.
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Illinois Regulators Accuse "Mr. Finance" of Operating Unlicensed Investment Scheme

June 22nd, 2026 at 1:40 PM
Illinois securities regulators have accused a Chicago-area businessman known as "Mr.
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