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

Tagged with "Eccleston Law"

UBS Seeks TRO Against Wells Fargo Team Who Sent Video Message to Clients

Posted on March 30th, 2022 at 2:23 PM
UBS Seeks TRO Against Wells Fargo Team Who Sent Video Message to Clients

UBS Wealth Management is seeking a temporary restraining order (TRO) against two former advisors who recently joined Wells Fargo and allegedly sent a video message to solicit their former clients.

 
 

Read More »

More Ex-Morgan Stanley FAs Demand Deferred Comp — in Arbitration

Posted on March 30th, 2022 at 10:02 AM

Eccleston Law is representing 10 ex-Morgan Stanley advisors in their claim over forfeited deferred compensation which was filed last week with FINRA.

 
 

Read More »

Morgan Stanley Hit With Another Deferred Compensation Claim

Posted on March 29th, 2022 at 12:18 PM
Morgan Stanley Hit With Another Deferred Compensation Claim

Morgan Stanley’s legal woes over its withholding of deferred compensation from brokers who leave for another firm are multiplying. Attorney James Eccleston stressed that a threat still persists in the federal proposed class action that Morgan Stanley will persuade the court to compel the plaintiffs to arbitrate.

 
 
 
 
 

Read More »

FINRA Settles With Two Advisory Firms Over Improper Sales Of GPB Private Placements

Posted on March 29th, 2022 at 12:00 PM
FINRA Settles With Two Advisory Firms Over Improper Sales Of GPB Private Placements

The Financial Industry Regulatory Authority (FINRA) has agreed to settlements with two advisory firms over improper sales of GPB Capital Holdings private placements to investors.

 
 

Read More »

FINRA’s Top Five Fine Categories for 2021

Posted on March 28th, 2022 at 3:28 PM
FINRA’s Top Five Fine Categories for 2021

The Financial Industry Regulatory Authority (FINRA) issued $91 million in fines in 2021, which constitutes a 60% increase from $57 million in 2020, according to ThinkAdvisor. The 2021 fine total is the highest since 2016 when FINRA imposed $174 million in fines. However, much of FINRA’s 2021 total constitutes Robinhood’s payment of $57 million in fines and $12.6 million in restitution relating to supervisory failures and investor harm.

 

Read More »

FINRA Bars Former UBS Advisor For Failing To Cooperate In Investigation

Posted on March 28th, 2022 at 8:45 AM
FINRA Bars Former UBS Advisor For Failing To Cooperate In Investigation

The Financial Industry Regulatory Authority (FINRA) has barred a former Minnesota-based UBS advisor after he failed to cooperate with FINRA’s probe into allegations that he recommended that a client invest in “risky” outside businesses, according to the settlement letter.

 
 

Read More »

FINRA Announces New Rule To Expedite Arbitration Cases For Those Who Are Ill Or Over 75

Posted on March 24th, 2022 at 1:13 PM
FINRA Announces New Rule To Expedite Arbitration Cases For Those Who Are Ill Or Over 75

The Financial Industry Regulatory Authority (FINRA) intends to amend its rules to permit expedited arbitration cases for parties who are 75 or older or are seriously ill.

 
 

Read More »

FINRA Board Approves New Remote-Inspection Rules

Posted on March 22nd, 2022 at 11:20 AM
FINRA Board Approves New Remote-Inspection Rules

The Financial Industry Regulatory Authority (FINRA) has approved new regulatory rules that could permit financial advisory firms to continue conducting remote inspections in the future.

 
 

Read More »

Robinhood Settles With Vermont Regulators Over Outages

Posted on March 21st, 2022 at 1:22 PM
Robinhood Settles With Vermont Regulators Over Outages

Robinhood Markets Inc. has agreed to a $640,000 settlement with Vermont regulators over recent outages on Robinhood’s trading platform as well as inadequate supervision of accounts. 

 
 

Read More »

CFP Board Releases New Ethical Guides For Financial Planners

Posted on March 18th, 2022 at 1:39 PM
CFP Board Releases New Ethical Guides For Financial Planners

The Certified Financial Planner Board of Standards (CFP Board) has recently issued three new guides to assist certified financial planners in adhering to professional ethics standards in their practices.

 
 
 

Read More »

TESTIMONIALS

Previous
Next
Quotes Bigger

You are the best attorneys in the country.

CC

LATEST NEWS AND ARTICLES

1793034027 Law
October 26, 2026
FINRA Bars Former Wedbush Broker Over $3.5 Million in Complex ETP Losses

The Financial Industry Regulatory Authority (FINRA) barred former Wedbush Securities broker William H.

1792610544 Law
October 21, 2026
FINRA Fines and Suspends Former LPL Broker Over Undisclosed Customer Settlement

The Financial Industry Regulatory Authority (FINRA) fined former LPL Financial broker Gregory W.

1792523173 Law
October 20, 2026
FINRA Orders American Portfolios to Pay $1.6 Million Over Unit Investment Trust Supervision Failures

The Financial Industry Regulatory Authority (FINRA) has ordered American Portfolios, the broker-dealer later absorbed into Osaic, to pay more than $1.6 million in restitution and fines over failures to supervise financial advisors who repeatedly recommended that customers sell unit investment trusts (UITs) before maturity.