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Eccleston Law Blog

Former Morgan Stanley Advisor Faces Trial Over Alleged Scheme Targeting NBA Players

April 28th, 2026 at 11:43 AM
A former Morgan Stanley financial advisor is charged with defrauding professional basketball players through complex investment transactions involving viatical settlements, according to reporting by InvestmentNews.
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Blackstone's Private Credit Fund (BCRED) Meets Record Redemption Demand

April 27th, 2026 at 12:58 PM
Blackstone Inc.
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Geopolitical Tensions Prompt Wealth Advisors to Rethink Dubai Strategies

April 24th, 2026 at 12:13 PM
Recent geopolitical developments have forced wealth advisors to reassess client exposure to Dubai, a jurisdiction that has attracted significant ultra-high-net-worth capital over the past decade.
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Advisor Recruiting Surges in 2025 as Industry Movement Reaches New Highs

April 23rd, 2026 at 12:59 PM
Advisor movement across the wealth management industry accelerated sharply in 2025, with 11,172 experienced financial advisors changing firms, according to reporting by Wealth Management citing the latest Advisor Transition Report from Diamond Consultants.
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DOL Proposal on Alternative Assets in 401(k)s Faces Cautious Reception

April 21st, 2026 at 2:33 PM
The U.S.
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FINRA Suspends Former Cape Securities CCO for Supervision Failures Tied to GWG L Bonds and Complex ETPs

April 20th, 2026 at 2:03 PM
The Financial Industry Regulatory Authority (FINRA) recently suspended and fined Lester Joel Hochler, the former Chief Compliance Officer of Cape Securities Inc., for failing to reasonably supervise recommendations of speculative debt securities and complex exchange-traded products to retail customers.
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Florida Advisor Sentenced to 90 Months for Foreign Currency Ponzi Scheme and Tax Evasion

April 17th, 2026 at 11:10 AM
A federal court sentenced John A.
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Former Financial Advisor Pleads Guilty to $10 Million Fraud Scheme Targeting Elderly Client

April 16th, 2026 at 11:27 AM
A former financial advisor has pleaded guilty to wire fraud after orchestrating a scheme that stole nearly $10 million from an elderly client, according to reporting by Financial Advisor News.
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Court Issues Split Ruling in Edelman Advisor Dispute

April 15th, 2026 at 4:55 PM
A federal court in Delaware has delivered a mixed decision in a dispute between Edelman Financial Engines and Prime Capital Financial, underscoring the legal limits of restrictive covenants in the advisory space.
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FINRA Seeks Public Comment on Potential Overhaul of Arbitration Rules

April 14th, 2026 at 11:56 AM
The Financial Industry Regulatory Authority (FINRA) has issued Regulatory Notice 26-06, requesting public comments on proposed changes to its arbitration framework.
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LATEST NEWS AND ARTICLES

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May 29, 2026
SEC Investigating Fraud Allegations in Private Credit Industry

The Securities and Exchange Commission (SEC) actively is investigating allegations of fraud involving private credit firms, signaling continued regulatory scrutiny of the rapidly expanding sector.

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May 28, 2026
FINRA Adopts New Rules to Accelerate Arbitration for Elderly and Vulnerable Investors

The Financial Industry Regulatory Authority (FINRA) has adopted amendments to its Code of Arbitration Procedure to expedite arbitration proceedings for certain eligible parties, according to regulatory updates.

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May 27, 2026
FINRA Sanctions Cambridge Investment Research for Supervisory Failure in Variable Annuity Exchanges

The Financial Industry Regulatory Authority (FINRA) has censured Cambridge Investment Research and ordered the firm to pay nearly $280,000 after finding that it failed to properly supervise variable annuity exchanges, according to AdvisorHub.