Tr?id=566623520170033&ev=PageView&noscript=1

Eccleston Law Blog

SEC Warns of Increasing Investment Fraud Threats

August 8th, 2024 at 11:15 AM
The SEC’s Office of the Investor Advocate recently submitted its objectives report for fiscal year 2025 to Congress, highlighting the growing threat of investment fraud.
Read More

B. Riley Financial Faces New Challenges with Struggling Texas Retailer

August 7th, 2024 at 9:57 AM
B. Riley Financial Inc., a boutique investment bank, faces fresh turmoil due to its involvement with Conn’s Inc., a Texas-based home-furnishings chain on the brink of bankruptcy.
Read More

Two Raymond James Advisors Barred for Failing to Cooperate in FINRA Investigations

August 6th, 2024 at 1:50 PM
FINRA has barred two Raymond James Financial Services Inc. advisors, Bryan Noonan and Thomas Reyes, from the securities industry due to their failure to cooperate in ongoing investigations.
Read More

LPL Financial Faces Lawsuit Over Low Interest Rates in Cash Sweep Programs

August 5th, 2024 at 9:46 AM
LPL Financial is the latest target of a lawsuit concerning the interest rates it offers on uninvested cash held in customer accounts.
Read More

SEC's Private Fund Advisers Rules

August 2nd, 2024 at 10:07 AM
The Securities and Exchange Commission (SEC) is tightening the regulatory framework for Registered Investment Advisers (RIAs) with the implementation of the Private Fund Advisers Rules, set to fully take effect by early 2025.
Read More

SEC Charges Silvergate Capital and Executives with Misleading Investors

August 1st, 2024 at 11:59 AM
The Securities and Exchange Commission (SEC) has filed a complaint against Silvergate Capital Corporation and three former executives, alleging they misled investors about the strength of Silvergate Bank’s Bank Secrecy Act/Anti-Money Laundering compliance program and the monitoring of crypto customers, including the collapsed FTX.
Read More

Clients Sue Charles Schwab and Hightower Advisors Over $1 Million Fraud

July 31st, 2024 at 10:15 AM
Clients are suing Charles Schwab & Co. and Hightower Advisors after fraudsters allegedly stole nearly $1 million from their retirement accounts and turned off electronic notifications that could have alerted them.
Read More

Tech Drip Hits Leveraged ETFs Hard, Highlighting Investment Risks

July 30th, 2024 at 11:09 AM
Recent AI-driven rallies in tech stocks have encouraged investors to buy the dip, but this strategy has backfired for those using leveraged exchange-traded funds (ETFs) to amplify returns.
Read More

Why Financial Advisors Should Embrace a Niche Market

July 29th, 2024 at 8:50 AM
FinancialPlanning recently discussed how focusing on a niche can accelerate growth, especially when advisors promote their focus across all mediums, including websites, social media, and branding.
Read More

Kentucky Advisor Sues LPL Financial for Alleged Corporate Raid

July 26th, 2024 at 9:01 AM
A Kentucky advisor, Mark Lamkin, has filed a lawsuit against LPL Financial, claiming the independent broker-dealer orchestrated a corporate raid that resulted in the loss of his firm’s entire book of managed assets.
Read More

TESTIMONIALS

Previous
Next
Quotes Bigger

I learned two important things working with Eccleston Law. First, I made a friend and ally with Jim and Steph for life. Secondly, and this is a crucial life lesson - if you need counsel, then seek out the very best. Jim was referred to me by a most trusted source. I've never had to hire an attorney for anything. Now, I know the value of hiring an important partner. Meticulous, thorough and detailed in preparation is the best way to describe Jim. Brilliant too, I might add. Bottom line, I would highly highly recommend Jim and Stephany for your legal needs. One of the best life decisions I've ever made.

Howard S.

LATEST NEWS AND ARTICLES

1776963542 Law
April 23, 2026
Advisor Recruiting Surges in 2025 as Industry Movement Reaches New Highs

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.

1776796402 Law
April 21, 2026
DOL Proposal on Alternative Assets in 401(k)s Faces Cautious Reception

The U.S.

1776708210 Law
April 20, 2026
FINRA Suspends Former Cape Securities CCO for Supervision Failures Tied to GWG L Bonds and Complex ETPs

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.