Eccleston Law Blog

Deutsche Asset Management Unit Pays $25 Million to Settle "Greenwashing" and AML Violations

October 10th, 2023 at 1:58 PM
Deutsche Bank AG's DWS asset management unit has agreed to a $25 million settlement with the Securities and Exchange Commission (SEC) over two separate issues.
Read More

SEC Charges AIM for Violating Fiduciary Duties

October 6th, 2023 at 1:26 PM
The Securities and Exchange Commission (SEC) announced that American Infrastructure Funds LLC (AIM), a registered investment adviser, has agreed to a settlement exceeding $1.6 million to resolve charges.
Read More

SEC Accuses Californian of Orchestrating $11.8 Million Ponzi Scheme

October 5th, 2023 at 10:20 AM
The Securities and Exchange Commission (SEC) has charged Tilila Walker Sumchai of Richmond, California, with defrauding more than 1,000 retail investors, raising around $11.8 million.
Read More

Former NFL Player Turned Morgan Stanley Advisor Suspended by FINRA

October 4th, 2023 at 1:14 PM
The Financial Industry Regulatory Authority (FINRA) has imposed penalties on William D. Ard, a former professional football player turned advisor.
Read More

FINRA's Overhaul of Arbitrator Selection System Moves Forward

October 3rd, 2023 at 1:11 PM
FINRA has received approval to revamp its procedures for removing arbitrators from the three-member panels responsible for arbitration matters involving claims between and among financial advisors, their firms, and customers.
Read More

FINRA Arbitrators Rule Expelled Brokerage Must Pay $3.2 Million for Excessive Trading

October 2nd, 2023 at 1:09 PM
Financial Industry Regulatory Authority (FINRA) arbitrators issued an award holding Salomon Whitney Financial (SW Financial) accountable for excessive, unsuitable, and unauthorized stock trading on margin in a customer account.
Read More

Traders Engage in Boom-or-Bust Options in Stock Market

September 29th, 2023 at 10:36 AM
The stock options market is experiencing a surge in activity, as many individual investors are eagerly engaging in trades that expire within hours or days to take advantage of the volatile market swings.
Read More

Former LPL Affiliate Compliance Chief Suspended by FINRA for Unauthorized $1 Million Transfer

September 28th, 2023 at 2:20 PM
The Financial Industry Regulatory Authority (FINRA) fined and suspended Jeffrey K. Kirkpatrick, a former chief compliance officer at a registered investment advisor previously affiliated with LPL.
Read More

Former Creative Planning Staff File Lawsuit Challenging Non-Compete Agreements

September 27th, 2023 at 10:28 AM
Four former employees of Creative Planning have filed a lawsuit, alleging that their non-compete agreements with the firm unlawfully restrict their ability to work in the industry.
Read More

Looming Real Estate Crisis Poses Risk to U.S. Banking Sector

September 26th, 2023 at 11:37 AM
With the current downturn in the commercial real estate market, trillions of dollars in loans and investments pose a looming threat to both the banking industry and potentially the broader economy.
Read More

TESTIMONIALS

Previous
Next

You are the best attorneys in the country.

CC

LATEST NEWS AND ARTICLES

March 4, 2026
Modern Fraud Schemes Escalate in Scale and Sophistication

A recent panel discussion at the Financial Services Institute OneVoice conference in San Diego highlighted how rapidly evolving fraud schemes continue to victimize both retail and wealthy investors.

March 3, 2026
FINRA Suspends Former Stifel Broker Over Costly Account Switching Trades

The Financial Industry Regulatory Authority (FINRA) suspended a former Stifel, Nicolaus & Co.

March 2, 2026
FINRA Suspends Cetera Broker for Accepting $50,000 Client Bequest Without Firm Approval

The Financial Industry Regulatory Authority (FINRA) imposed a $10,000 fine and a seven-month suspension on an independent broker for accepting a $50,000 bequest from a client without obtaining prior firm approval.