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Tagged with "Eccleston Law"

FINRA Sanctions Former Merrill Broker for Unapproved Referral Payouts

Posted on December 15th, 2025 at 11:51 AM
FINRA Sanctions Former Merrill Broker for Unapproved Referral Payouts

The Financial Industry Regulatory Authority (FINRA) issued a six-month suspension and a $7,500 fine against former Merrill Lynch broker Jeremiah Householder after finding that he accepted referral commissions from an unapproved third-party lender.

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SEC Charges Driver Who Posed as a Financial Professional and Lost Over $1 Million

Posted on December 12th, 2025 at 2:00 PM
SEC Charges Driver Who Posed as a Financial Professional and Lost Over $1 Million

Federal regulators charged a New York area driver with masquerading as a seasoned investment professional and causing significant losses for three investors.

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DOJ Secures Five-Year Prison Sentence in Wolf Capital Crypto Fraud Case

Posted on December 11th, 2025 at 11:52 AM
DOJ Secures Five-Year Prison Sentence in Wolf Capital Crypto Fraud Case

Federal prosecutors have obtained a five-year prison sentence for Travis Ford, an Oklahoma resident who admitted to orchestrating a fraudulent crypto investment scheme through Wolf Capital.

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SEC Highlights Rising Risks in RIA Consolidation and Focuses on Retailer Investor Protection

Posted on December 10th, 2025 at 4:18 PM
SEC Highlights Rising Risks in RIA Consolidation and Focuses on Retailer Investor Protection

The Securities and Exchange Commission signaled heightened scrutiny of investment advisers involved in mergers and acquisitions, according to its newly released 2026 Examination Priorities.

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The Vanishing Boundary Between Investing and Gambling

Posted on December 9th, 2025 at 11:34 AM
The Vanishing Boundary Between Investing and Gambling

According to Bloomberg Law, there now are the tools, tactics, and a psychology of gambling that increasingly resembles those of retail trading.

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Former Morgan Stanley Advisor Faces FINRA Action Over Undisclosed Loans from Elderly Client

Posted on December 8th, 2025 at 11:41 AM
Former Morgan Stanley Advisor Faces FINRA Action Over Undisclosed Loans from Elderly Client

FINRA filed a complaint against former Morgan Stanley advisor Kirk J. Crossen, alleging that he borrowed $400,000 from an 84-year-old customer experiencing early-stage dementia and concealed the loans from his firm.

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FINRA Fines Wedbush Securities for Margin-Securities and Disclosure Failures

Posted on December 5th, 2025 at 11:59 AM
FINRA Fines Wedbush Securities for Margin-Securities and Disclosure Failures

The Financial Industry Regulatory Authority (FINRA) ordered Wedbush Securities to pay $150,000 after identifying significant compliance and supervisory failures involving customer margin securities and required bond-pricing disclosures.

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Webull Faces Scrutiny After Alleged Account Breach and Penny Stock Manipulation

Posted on December 4th, 2025 at 11:23 AM
Webull Faces Scrutiny After Alleged Account Breach and Penny Stock Manipulation

An emerging investigation into Webull Financial centers on allegations that an unauthorized third party infiltrated the firm’s security systems, accessed customer brokerage accounts, liquidated existing holdings, and used the proceeds to purchase shares of Ten-League International Holdings Ltd.

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FINRA Sanctions Former Morgan Stanley Broker Over Unauthorized Transfers

Posted on December 3rd, 2025 at 2:40 PM
FINRA Sanctions Former Morgan Stanley Broker Over Unauthorized Transfers

A longtime Morgan Stanley financial advisor agreed to a $5,000 fine and a two-month suspension after FINRA found that he executed multiple transfers from his former spouse’s retirement account without proper authorization, as reported by AdvisorHub.

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Crypto's Leverage Shakeout Exposes Structural Risks

Posted on December 2nd, 2025 at 2:56 PM
Crypto's Leverage Shakeout Exposes Structural Risks

The crypto market’s recent downturn erased nearly $20 billion in leveraged positions within hours and half a trillion dollars in market value over a single weekend.

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If you are being bothered by the Regulators, call Eccleston Law, you won't regret it.

Rick R.

LATEST NEWS AND ARTICLES

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.

1792432258 Law
October 19, 2026
FINRA Bars Former LPL Broker Over Alleged $1.7 Million Customer Theft

The Financial Industry Regulatory Authority (FINRA) has barred former LPL Financial broker Rudy Anguiano after finding that he converted more than $1.7 million from two customers, according to AdvisorHub.