Tagged with "Eccleston Law Offices"

Re-Proposed FINRA Rule Would Require Brokerage Firms to Disclose Recruitment Practices

Posted on June 4th, 2015 at 11:42 AM
Re-Proposed FINRA Rule Would Require Brokerage Firms to Disclose Recruitment  Practices

FINRA has re-proposed a rule that would require brokerage firms to inform clients of their recruitment practices. If the proposed rule is enacted, brokerage firms would be required to send a disclosure to clients after luring brokers away from competitors with large pay packages.

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Gray Financial Group Charged With Defrauding Public Pension Fund

Posted on June 3rd, 2015 at 3:36 PM
Gray Financial Group Charged With Defrauding Public Pension Fund

The SEC charges that Gray Financial Group has breached its fiduciary duty by steering pension fund clients in the city of Atlanta to invest in products owned by the company. The firm profited handsomely after it convinced four pension fund plans to invest over $80 million in funds owned by the company. 

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Indiana Investment Advisory Firm Charged with Investment Fraud

Posted on June 2nd, 2015 at 11:46 AM
Indiana Investment Advisory Firm Charged with Investment Fraud

Veros Partners, its president Michael Haab and associates Jeffery Risinger and Tobin Senefeld have been charged by the SEC for allegedly running a $15 million Ponzi scheme.

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Morgan Stanley Sues Ex-Advisor for Altering Records (LINK)

Posted on May 18th, 2015 at 12:58 PM
Morgan Stanley Sues Ex-Advisor for Altering Records (LINK)

Jim Eccleston was quoted in a FundFire article about his involvement with the Morgan Stanley trial. The full article is availible on FundFire's website

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Ex-Morgan Stanley Broker Won’t Have to Return $519,000

Posted on May 13th, 2015 at 4:06 PM
Ex-Morgan Stanley Broker Won’t  Have to Return $519,000

Firm paid him a signing bonus of $866,400 in the form a forgivable loan

over a nine-year period

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Finra arbitration panel awards $500,000 to former Morgan Stanley rep

Posted on May 12th, 2015 at 11:25 AM
Finra arbitration panel awards $500,000 to former Morgan Stanley rep

A Finra arbitration panel last Thursday decided in favor of a former Morgan Stanley rep following a dispute between the broker and firm over an alleged breach of a promissory note.

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SEC Charges Oil-Gas Companies in A $33 Million Scheme

Posted on April 17th, 2015 at 11:01 AM
SEC Charges Oil-Gas Companies in A $33 Million Scheme

Two California oil-and-gas companies, their principal, and four sales associates have been accused by the SEC of a long-term fraudulent oil and gas scheme.

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Former Morgan Stanley Advisor Sued for Breaching Protocol

Posted on March 18th, 2015 at 5:08 PM
Former Morgan Stanley Advisor Sued for Breaching Protocol

Former Morgan Stanley Advisor Sued for Allegedly Altering Records and Breaching Protocol for Broker Recruiting 

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Morgan Stanley Sues Ex-Advisor for Altering Records

Posted on March 9th, 2015 at 3:28 PM
Morgan Stanley Sues Ex-Advisor for Altering Records

James Eccleston, Eccleston Law, LLC. was recently quoted on broker protocol in a recent Morgan Stanley altering records case.

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Ameriprise Profits Rise But with Fewer Financial Advisors

Posted on February 25th, 2015 at 11:39 AM
Ameriprise Profits Rise But with Fewer Financial Advisors

In 2014, Ameriprise Financial's wealth management reported $792 million in profits, up 33% year-over-year.

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If you find yourself in trouble with the regulators, call Eccleston Law, you won't regret it.

Rick R.

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