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Eccleston Law Blog

CFP Board Proposes New Rules for Handling Expunged Criminal Records

July 30th, 2026 at 12:16 PM
The CFP Board has announced that it is considering a proposal to change how it treats applicants with expunged criminal convictions, according to Wealth Management.
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Edward Jones Invests in Fintech Firm Focused on Preventing Elder Financial Fraud

July 29th, 2026 at 1:01 PM
Edward D.
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Merrill Lynch Fined by FINRA for Failing to Report More Than 1,600 Customer Complaints

July 28th, 2026 at 10:46 AM
Merrill Lynch has agreed to pay a $225,000 fine and accept a censure to resolve allegations that it failed to properly identify and report more than 1,600 customer complaints submitted through post-call surveys, according to a Financial Industry Regulatory Authority (FINRA) Acceptance, Waiver and Consent letter ("AWC").
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Independent Review Recommends Sweeping Changes to FINRA's Enforcement Program

July 24th, 2026 at 11:08 AM
An independent review commissioned by the Financial Industry Regulatory Authority (FINRA) recommends significant changes to the regulator's enforcement program, including adopting a statute of limitations, expanding due process protections, and providing greater credit to firms that cooperate during investigations, according to AdvisorHub.
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Cresset Sues Former Advisor Over Alleged Client Solicitation and Competing RIA Launch

July 23rd, 2026 at 1:53 PM
Cresset Capital Management has filed a lawsuit in Illinois state court against a former advisor, alleging that he began building a competing registered investment advisory firm and soliciting clients while still employed by the Chicago-based wealth management firm.
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Barred Oregon Financial Advisor Pleads Guilty to $1.6 Million Investment Fraud

July 22nd, 2026 at 11:20 AM
A former Oregon financial advisor has pleaded guilty to fraud after admitting to a long-running scheme that caused investors to lose more than $1.6 million.
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Merrill Lynch Settles Another NFL Player's Claim Related to Financial Advisor Isaiah Williams

July 21st, 2026 at 11:52 AM
Merrill Lynch has agreed to pay $1.25 million to resolve claims brought by former NFL player Sean L.
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FINRA Arbitration Panel Awards Former J.P. Morgan Financial Advisor $4.25 Million in Defamation Case

July 20th, 2026 at 2:52 PM
A Financial Industry Regulatory Authority (FINRA) arbitration panel awarded a former J.P.
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FINRA Arbitrators Award $2.25 Million Over Life Insurance Strategy

July 17th, 2026 at 11:52 AM
A former financial advisor must pay $2.25 million to clients who alleged he recommended a high-risk life insurance strategy that resulted in significant losses, according to a Financial Industry Regulatory Authority (FINRA) arbitration award.
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Delaware Judge Dismisses United Capital's Poaching Lawsuit Against Osaic With Leave to Amend

July 16th, 2026 at 3:07 PM
A Delaware judge has dismissed United Capital's lawsuit accusing Osaic of improperly recruiting financial advisors and soliciting client assets, but allowed the wealth management firm to file an amended complaint, according to AdvisorHub.
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LATEST NEWS AND ARTICLES

1790355869 Law
September 25, 2026
SEC Bars Advisor for Unauthorized Trades and Client Data Misuse

A California-based investment adviser has agreed to a three-year industry bar and $266,000 in monetary sanctions after the Securities and Exchange Commission (SEC) accused him of making unauthorized trades, transferring confidential client information to a newly launched registered investment adviser, and concealing his termination from a former...

1790276008 Law
September 24, 2026
FINRA Proposes Expanded Fraud Protections and Trusted Contact Flexibility

The Financial Industry Regulatory Authority (FINRA) has sent three proposed rules to the Securities and Exchange Commission (SEC) for approval.

1790182800 Law
September 23, 2026
SEC Warns Investors About Pre-IPO Investment Scams

The SEC's Office of Investor Education and Advocacy (OIEA) has issued an Investor Alert warning investors about scams that falsely offer opportunities to purchase "pre-IPO" shares of companies.