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

Eccleston Law Blog

Unregistered Broker Faces SEC Charges for Illegally Selling Securities

September 11th, 2023 at 11:31 AM
The Securities and Exchange Commission (SEC) has charged Blake Cathey with unlawfully selling securities of Florida-based Accanito Equity LLC, Accanito Equity II LLC, Accanito Equity III LLC, and Accanito Equity IV LLC to retail investors.
Read More

Morgan Stanley Ordered to Pay $1.8 Million to Investor

September 7th, 2023 at 4:08 PM
In a recent decision, three arbitrators from the Financial Industry Regulatory Authority (FINRA) ordered Morgan Stanley to pay $1.8 million in damages to a former customer.
Read More

Pennsylvania Financial Advisor Terminated Following Lawsuit

September 6th, 2023 at 3:42 PM
LPL Financial has terminated John A. Dougherty following his being sued for allegedly over-leveraging an investor's account using a $5 million securities-based loan and assisting him in an external investment.
Read More

Wells Fargo Resolves SEC Dispute Over Advisory Fees

September 5th, 2023 at 1:18 PM
The Securities and Exchange Commission (SEC) announced charges against Wells Fargo Clearing Services LLC and Wells Fargo Advisors Financial Network LLC (collectively, “Wells Fargo”).
Read More

Class-Action Lawsuit Filed Against Schwab and TD Ameritrade

September 1st, 2023 at 2:13 PM
Charles Schwab and TD Ameritrade face a lawsuit for a data breach connected to the ongoing cyberattack targeting the MOVEit file-transfer software.
Read More

Investment Advisors Brace for Influx of New Rules and Regulatory Changes

August 31st, 2023 at 1:08 PM
The Securities and Exchange Commission's (SEC) announcement in May 2021 about enforcing a landmark marketing rule, approved by the agency the previous December, caused a considerable stir among investment advisers.
Read More

Weighing the Upsides and Downsides of Alternative Investments

August 30th, 2023 at 1:09 PM
In its 2023 Financial Advisor Survey, iCapital surveyed 400 U.S. registered financial professionals. Those professionals, who either use or are considering using alternatives within the coming year, are exploring ways to diversify beyond traditional 60/40 portfolios.
Read More

SEC Accuses Investment Fund of Engaging in Deceptive Practices

August 29th, 2023 at 4:13 PM
The Securities and Exchange Commission (SEC) has brought settled charges against Summitcrest Capital Inc. and its principals, Johnny Tseng and Kevin Zhang, alleging that they engaged in an offering fraud via their real estate investment fund, SC Development Fund LLC.
Read More

SEC Takes Action Against Advisor for Operating with Revoked Registration

August 28th, 2023 at 1:12 PM
The Securities and Exchange Commission (SEC) has barred an investment adviser representative from conducting business.
Read More

Goldman Launches Initiative to Address Gaps Following Fed Oversight

August 24th, 2023 at 11:27 AM
Goldman Sachs Group Inc. is experiencing a hiring spree due to a new wave of regulatory scrutiny in the US.
Read More

TESTIMONIALS

Previous
Next
Quotes Bigger

You are the best attorneys in the country.

CC

LATEST NEWS AND ARTICLES

1775496481 Law
April 6, 2026
FINRA Arbitration Panel Orders Fidelity to Pay $1.3 Million Over Structured Product Disputes

A Financial Industry Regulatory (FINRA) arbitration panel has ordered Fidelity Brokerage Services to pay approximately $1.3 million to two groups of clients who alleged misconduct tied to structured product investments, according to ThinkAdvisor.

1775253477 Law
April 3, 2026
FINRA Enforcement Trends Show Higher Monetary Sanctions Despite Fewer Cases in 2025

The Financial Industry Regulatory Authority (FINRA) increased total monetary sanctions in 2025, even as the number of enforcement actions declined.

1775060885 Law
April 1, 2026
Florida FINRA Arbitration Panel Orders Charles Schwab to Pay $3.8 Million to Investors

A Financial Industry Regulatory Authority (FINRA) arbitration panel has ordered Charles Schwab & Co.