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Tagged with "Eccleston Law"

SEC Unveils Ambitious Regulatory Agenda

Posted on September 29th, 2025 at 3:03 PM
SEC Unveils Ambitious Regulatory Agenda

The Securities and Exchange Commission (SEC) has released its Spring 2025 Unified Agenda of Regulatory and Deregulatory Actions, signaling a sweeping shift in rulemaking priorities.

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SEC and DOJ Target $770 Million Prestige Funds Ponzi Scheme

Posted on September 26th, 2025 at 11:31 AM
SEC and DOJ Target $770 Million Prestige Funds Ponzi Scheme

Federal regulators say thousands of investors may have lost money in what they allege was a massive Ponzi scheme tied to the Prestige Funds and WF Velocity Funds.

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FINRA Suspends Spartan Capital Broker for Excessive Trading Violations

Posted on September 25th, 2025 at 3:53 PM
FINRA Suspends Spartan Capital Broker for Excessive Trading Violations

The Financial Industry Regulatory Authority (FINRA) has suspended Joseph Kelly, a broker at Spartan Capital Securities, for nine months and ordered him to pay a $10,000 fine and $69,830 in restitution.

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How New CCOs Can Navigate Today's Compliance Challenges

Posted on September 24th, 2025 at 2:15 PM
How New CCOs Can Navigate Today's Compliance Challenges

The role of the chief compliance officer (CCO) has never carried more weight or more complexity, according to Wealth Management.

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SEC Sanctions Emerson Equity and Advisor Over GWG L Bond Sales

Posted on September 23rd, 2025 at 3:16 PM
SEC Sanctions Emerson Equity and Advisor Over GWG L Bond Sales

The Securities and Exchange Commission (SEC) has announced settlements with Emerson Equity and one of its registered representatives, citing violations of Regulation Best Interest (Reg BI) tied to the sale of GWG Holdings Inc. L bonds.

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Investors Pursue Recovery Amid Inspired Healthcare Capital Difficulties

Posted on September 22nd, 2025 at 2:00 PM
Investors Pursue Recovery Amid Inspired Healthcare Capital Difficulties

Investors in Inspired Healthcare Capital (IHC) face mounting losses after the firm suspended distributions and halted new offerings in July 2025 amid an ongoing SEC review.

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Financial Advisors Split on AI Adoption

Posted on September 19th, 2025 at 2:19 PM
Financial Advisors Split on AI Adoption

Artificial Intelligence (AI) continues to dominate headlines, promising sweeping efficiencies in nearly every industry. Financial Planning reports that financial advisors remain divided on its role and value.

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Easterly ROCMuni Fund Collapse Triggers Investor Lawsuits

Posted on September 18th, 2025 at 2:24 PM
Easterly ROCMuni Fund Collapse Triggers Investor Lawsuits

The Easterly ROCMuni High Income Municipal Bond Fund (tickers RMHIX, RMHVX, RMJAX) suffered a significant collapse in mid-2025, wiping out hundreds of millions in value and leaving many investors with steep losses.

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FINRA Suspends Centaurus Dallas Broker Over Excessive Alternative Investment Sales

Posted on September 17th, 2025 at 2:02 PM
FINRA Suspends Centaurus Dallas Broker Over Excessive Alternative Investment Sales

FINRA has suspended a Centaurus Financial broker, William Burks, for four months after finding he placed as much as 91 percent of a client’s net worth into illiquid alternative investments.

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Former Morgan Stanley Advisors Win Partial Court Victory in Client Solicitation Dispute

Posted on September 16th, 2025 at 11:35 AM
Former Morgan Stanley Advisors Win Partial Court Victory in Client Solicitation Dispute

Two former Morgan Stanley advisors in Hackensack, New Jersey have defeated Morgan Stanley’s initial effort to block them from soliciting clients, according to an August 15 order from New Jersey Superior Court.

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LATEST NEWS AND ARTICLES

1778171646 Law
May 7, 2026
FINRA Bars Former Raymond James Broker for Refusing Testimony in Unauthorized Trading Probe

A former registered representative with Raymond James has been barred from the securities industry after refusing to cooperate with a Financial Industry Regulatory Authority (FINRA) investigation into alleged unauthorized trading activity.

1778084309 Law
May 6, 2026
FINRA Outlines Key Rulemaking Priorities and Recent Developments in Quarterly Agenda

The Financial Industry Regulatory Authority (FINRA) recently released its Quarterly Regulatory Policy Agenda, offering a detailed view of its rulemaking priorities, pending proposals, and recently approved regulatory changes.

1778000603 Law
May 5, 2026
Commonwealth Financial Network Resolves SEC Conflict of Interest Case

Commonwealth Financial Network has agreed to pay $5 million to resolve a long-standing conflict of interest case brought by the Securities and Exchange Commission, according to reporting by ThinkAdvisor.