Tagged with "Eccleston Law Offices"

SEC Announces 2021 Examination Priorities

Posted on March 4th, 2021 at 2:29 PM
SEC Announces 2021 Examination Priorities

The SEC’s Division of Examinations has announced its 2021 examination priorities. The 2021 examination priorities reflect the complicated, diverse, and evolving nature of investors' risks and the markets. Here are the highlights.

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FINRA Suspends Former LPL Financial Advisor for Outside Business Activity

Posted on October 8th, 2020 at 2:46 PM
FINRA Suspends Former LPL Financial Advisor for Outside Business Activity

Former LPL Financial advisor Tracy M. Meade agreed to pay a $5,000 fine and serve a 2-month suspension from association with any FINRA member firm in all capacities.

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Christopher Burns, Atlanta-Area Financial Advisor, Reported Missing

Posted on October 7th, 2020 at 12:17 PM
Christopher Burns, Atlanta-Area Financial Advisor, Reported Missing

A missing persons report has been filed for Christopher W. Burns, a financial advisor in Atlanta.

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REIT Managed by AR Global Sees Steep Decline in Value

Posted on October 6th, 2020 at 12:14 PM
REIT Managed by AR Global Sees Steep Decline in Value

New York City REIT Inc. (the “NYC REIT”) has seen a sharp decline in share price over the last couple of months. The NYC REIT, which was started in 2013, had an offering price of $25 when it was first listed on the Nasdaq in August

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Former Compliance Officer Settles Charges Brought by SEC

Posted on October 2nd, 2020 at 9:31 AM
Former Compliance Officer Settles Charges Brought by SEC

Meredith A. Simmons, former hedge fund chief compliance officer, settled charges brought by the U.S. Securities and Exchange Commission (“SEC”) that she withheld a compliance record during an SEC examination.

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CFTC and State Regulators File Suit against Metals.com

Posted on September 28th, 2020 at 3:11 PM
CFTC and State Regulators File Suit against Metals.com

On September 22, 2020, the Commodity Futures Trading Commission (“CFTC”) along with state regulators from 30 states filed a civil action against TMTE Inc., doing business as Metals.com, along with Barrick Capital and Barrick’s principals Lucas Asher and Simon Batashvili.

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Firms Required to Hyperlink to FINRA’s BrokerCheck Next Year

Posted on December 24th, 2015 at 3:16 PM

In FINRA Regulatory Notice 15-50 issued on December 7th, FINRA announced that the SEC approved amendments to FINRA Rule 2210 (Communications with the Public).

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Puerto Rico’s Uncertain Future Leaves Investors in Limbo

Posted on August 14th, 2015 at 12:55 PM
Puerto Rico’s Uncertain Future Leaves Investors in Limbo

After Puerto Rico slipped into default status on their $72 billion debt, U.S. municipal bond fund investors were left exposed to a crumbling financial situation.

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Financial Service Firms Engage in Raiding Suit

Posted on August 13th, 2015 at 2:08 PM
Financial Service Firms Engage in Raiding Suit

Two large financial services firms have entered a heated dispute over the poaching of 60 brokers.

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Former Broker Accused of Selling Unregistered Securities

Posted on June 5th, 2015 at 8:29 AM
Former Broker Accused of Selling Unregistered Securities

The Connecticut Department of Banking has alleged that former registered broker James Neilsen sold unregistered securities.

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TESTIMONIALS

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As a financial advisor with over 20 years of experience, I feel fortunate to call Jim my attorney and friend. He is a fantastic lawyer and trusted advisor. He is skilled in the matters necessary to do the job well. He uses his thoughtful approach and calm demeanor to achieve a positive outcome for the client. If you want to feel confident that nothing will be missed and that you will be represented in a highly professional manner, call Jim Eccleston.

Bill C. and Dan M.

LATEST NEWS AND ARTICLES

March 24, 2023
Heartland Bank & Trust Co. Agrees to $9 Million Settlement For Allegedly Aiding and Abetting a Ponzi Scheme

The Securities and Exchange Commission (SEC) has agreed to a $9 million settlement
with Heartland Bank & Trust Co. over the bank’s alleged role in aiding and abetting a $75
million Ponzi scheme.

March 23, 2023
Morgan Stanley Obtains TRO Against Pennsylvania LPL Advisor Over Inherited Accounts and Misrepresentations

A federal judge has awarded Morgan Stanley a temporary restraining order (TRO)
against a Pennsylvania-based advisor who recently departed for LPL Financial.

March 22, 2023
Sanford Bernstein & Co. and Alliance Bernstein Face FINRA Arbitration Claim Over Options Advantage Strategy

Sanford Bernstein & Co. and Alliance Bernstein (Bernstein) are facing what could be the first of several Financial Industry Regulatory Authority (FINRA) arbitration claims related to its Options Advantage Strategy.