FINRA Dispute Resolution Services announced that it will open sixty-two (62) of its sixty-nine (69) arbitration hearing locations in July. FINRA also plans to continue honoring requests for remote proceedings.
Tagged with "Eccleston Law"
Page 1 of 125
Arkansas-Based Advisor Suspended Over Side Business Selling RVs
Posted on May 10th, 2021 at 11:32 AM
According to a letter of settlement, the Financial Industry Regulatory Authority (FINRA) has fined and suspended an Arkansas-based advisor over sales of recreational vehicles.
Fund Manager and Former Race Car Team Owner Charged With Multimillions Dollar Fraud
Posted on May 7th, 2021 at 12:07 AM
The Securities and Exchange Commission (SEC) has charged Andrew Franzone, former owner of a race car team and investment adviser FF Fund Management, LLC ("FFM") with fraudulently raising and misappropriating tens of millions of dollars from the sale of limited partnership interests in a private fund, FF Fund I, LP.
FINRA Suspends Former Morgan Stanley Advisor Who Failed to Disclose Rental Property
Posted on May 6th, 2021 at 9:25 AM
The Financial Industry Regulatory Authority (FINRA) has suspended Steven Melen for four months and fined him $7,500 for failure to disclose his beachfront rental property in Panama.
FINRA Suspends Advisor Named As Customer Trustee
Posted on May 5th, 2021 at 12:16 AM
The Financial Industry Regulatory Authority (FINRA) has suspended Jimmie Summers for circumventing the procedures at Cetera Financial Group. Summers signed a FINRA Letter of Acceptance, Waiver, and Consent (AWC), in which he consented to a 45-day suspension and $5,000 fine.
Iowa Advisor Charged with Running Ponzi Scheme
Posted on May 4th, 2021 at 9:58 AM
Jeffery Carley, the owner of Carley Financial Group, has been accused of running a Ponzi scheme with his customers' funds.
DOJ Charges Maryland Advisor with Wire Fraud and Aggravated Identity Theft
Posted on May 3rd, 2021 at 9:20 AM
Earlier this month, the Department of Justice charged financial advisor Eddy Blizzard with both wire fraud and aggravated identity theft.
Investment Firm Executive Admits to $100 Million Ponzi Scheme
Posted on April 30th, 2021 at 9:14 AM
Martin Silver, former managing partner and chief operating officer (COO) at New York’s International Investment Group (IIG), has pleaded guilty to securities fraud, investment advisor fraud, and wire fraud charges.
SEC Awards Joint Whistleblowers Over $50 Million
Posted on April 29th, 2021 at 10:43 AM
The Securities and Exchange Commission (SEC) has awarded over $50 million to joint whistleblowers.
CFP Exam Candidates Subject to Investigations Over Chat Room Participation
Posted on April 28th, 2021 at 12:10 PM
Eccleston Law has received several inquiries from financial advisors who recently took the CFP examination and now face an investigation or complaint regarding purported examination misconduct.
Page 1 of 125