Eccleston Law Blog

FINRA Suspends Financial Advisor for Outsourcing Continuing Education Requirements

August 13th, 2025 at 1:50 PM
The Financial Industry Regulatory Authority (FINRA) has suspended advisor Francis G. Smith for one month and fined him $5,000 after finding he had someone else complete required continuing education (CE) coursework on his behalf.
Read More

Margin Debt Hits $1 Trillion as Investor Risk Appetite Surges

August 12th, 2025 at 2:13 PM
According to Barron’s, investors are borrowing against their portfolios at record levels.
Read More

FINRA Suspends Broker for Impersonating Clients During Account Transfers

August 11th, 2025 at 11:51 AM
Chad M. Rogers, a former broker with Independent Financial Partners (IFP) in Oklahoma City, received a 45-day suspension and a $5,000 fine from FINRA after impersonating clients during phone calls to facilitate account transfers.
Read More

SEC Overturns FINRA Bar Against Former Rep, Issues Immediate Suspension Instead

August 8th, 2025 at 1:41 PM
In a rare move, the Securities and Exchange Commission (SEC) has scaled back an industry bar by the Financial Industry Regulatory Authority (FINRA) against former rep Thomas Lykos Jr., converting the sanction into a suspension that ended immediately upon the SEC's decision.
Read More

FINRA Panel Awards $160K in Broker Poaching Dispute Between Former Ameriprise Teammates

August 7th, 2025 at 4:23 PM
A FINRA arbitration panel has ordered Kraig R. Bode, an independent broker now affiliated with Sanctuary Wealth, to pay $160,000 in damages to his former teammate, Seth C. Murray, stemming from allegations of client solicitation following Bode’s departure from Ameriprise Financial in October 2021.
Read More

Ex-Schwab Representative Suspended Two Years and Fined for Concealing Profit-Sharing Agreement

August 6th, 2025 at 11:46 AM
The Financial Industry Regulatory Authority (FINRA) has suspended former Charles Schwab & Co. Inc. representative Daniel Michael Roper for two years.
Read More

Second Circuit Rejects Morgan Stanley's Bid to Overturn ERISA Ruling

August 5th, 2025 at 2:25 PM
Morgan Stanley has once again hit a roadblock in its effort to overturn a federal court decision that applies the Employee Retirement Income Security Act of 1974 (ERISA) protections to its deferred compensation plan.
Read More

FINRA Bars Former Stifel Broker Amid $133 Million Arbitration Fallout

August 4th, 2025 at 11:15 AM
The Financial Industry Regulatory Authority (FINRA) has barred former Stifel Financial broker Chuck A. Roberts after a wave of investor complaints linked to his sale of structured products culminated in a $133 million arbitration award and tens of millions in additional settlements.
Read More

FINRA Bars Former Jefferies Advisor After Refusal to Cooperate with Regulatory Probe

August 1st, 2025 at 11:23 AM
Nicholas Coubrough, a former wealth advisor with Jefferies Financial Group Inc. in Miami, has been permanently barred from the securities industry following his refusal to cooperate with an investigation by the Financial Industry Regulatory Authority (FINRA).
Read More

Florida Attorney General Targets RAD Diversified REIT Over Suspected Ponzi Scheme

July 31st, 2025 at 3:38 PM
Florida Attorney General James Uthmeier has launched an aggressive investigation into RAD Diversified REIT, Inc., its subsidiaries, and its owners, Brandon “Dutch” Mendenhall and Amy Vaughn, for allegedly violating Florida’s Deceptive and Unfair Trade Practices Act and other state laws.
Read More

TESTIMONIALS

Previous
Next

I am so glad I found you! Wow! I appreciate your help, concern and guidance.

RB

LATEST NEWS AND ARTICLES

September 11, 2025
Montana Federal Judge Allows Family's Premium Financing Claims to Proceed

A federal judge in Montana has allowed a family to move forward with negligence, fraud, and unjust enrichment claims tied to a premium-financed life insurance arrangement valued at $67.5 million.

September 10, 2025
Arizona Man Sentenced to 30 Years for Multi-Million Dollar Ponzi-Style Fraud

An Arizona man has been sentenced to 30 years in prison for running a Ponzi-style investment scheme that defrauded more than 100 victims out of millions of dollars, according to the U.S. Attorney’s Office for the District of New Mexico.

September 9, 2025
Easterly ROCMuni Fund's Steep Decline Spurs Potential Investor Lawsuits

The Easterly ROCMuni High Income Municipal Bond Fund (RMHIX) has suffered a dramatic collapse, losing nearly half its value in June and now trading at a net asset value (NAV) of $2.95 per share.