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Tagged with "Eccleston Law"

FINRA Foundation Study Reveals Alarming Investor Susceptibility to Fraudulent Offers

Posted on October 29th, 2025 at 1:58 PM
FINRA Foundation Study Reveals Alarming Investor Susceptibility to Fraudulent Offers

The FINRA Investor Education Foundation (FINRA Foundation) has released preliminary findings from its upcoming report, Investors in the United States: A Report of the National Financial Capability Study.

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UBS Seeks Court Order Against $1.4 Billion Florida Advisory Team Over Client Solicitation Allegations

Posted on October 28th, 2025 at 2:29 PM
UBS Seeks Court Order Against $1.4 Billion Florida Advisory Team Over Client Solicitation Allegations

UBS Wealth Management USA has filed a lawsuit and requested a temporary restraining order (TRO) against a $1.4 billion advisory team that recently departed to join Elevation Point, a West Palm Beach-based registered investment advisor launched just 15 months ago.

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FINRA Panel Orders Charles Schwab to Pay Damages Over Structured Product Losses Sold by Vora Wealth Management

Posted on October 27th, 2025 at 11:46 AM
FINRA Panel Orders Charles Schwab to Pay Damages Over Structured Product Losses Sold by Vora Wealth Management

A three-person FINRA arbitration panel ordered Charles Schwab & Co. to pay $165,440 in compensatory damages to a former client of Vora Wealth Management, after losses tied to complex structured products.

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Arizona Securities Division Issues Cease-and-Desist Order Against Former LPL Broker Over Crypto Fund Sales

Posted on October 24th, 2025 at 9:39 AM
Arizona Securities Division Issues Cease-and-Desist Order Against Former LPL Broker Over Crypto Fund Sales

The Arizona Securities Division issued a cease-and-desist order against former LPL Financial advisor Lisa Boisselle and her firm, Wealthwise, alleging violations of state securities laws connected to nearly $1.4 million in cryptocurrency fund sales.

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Retail Access to Private Markets Raises Investor Protection and Regulatory Concerns

Posted on October 23rd, 2025 at 2:11 PM
Retail Access to Private Markets Raises Investor Protection and Regulatory Concerns

Robinhood Markets recently registered its first alternative investment vehicle, Robinhood Ventures Fund I, with the Securities and Exchange Commission (SEC).

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Judge Denies Merrill Lynch's TRO in Advisor Transition

Posted on October 21st, 2025 at 2:31 PM
Judge Denies Merrill Lynch's TRO in Advisor Transition

A federal judge has rejected Merrill Lynch’s request for a temporary restraining order (TRO) against a group of former financial advisors who left the firm to launch their own independent practice, OpenArc Corporate Advisory, under Dynasty Financial Partners’ platform with custody at Charles Schwab.

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FINRA Accuses Former MML Broker of Cheating on SIE Exam

Posted on October 20th, 2025 at 1:32 PM
FINRA Accuses Former MML Broker of Cheating on SIE Exam

Regulators have accused a former MML Investors Services-affiliated broker of cheating on the Securities Industry Essentials (SIE) exam, according to a recent Financial Industry Regulatory Authority (FINRA) enforcement complaint.

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FINRA Fines Oak Hills Securities for Private Placement Misconduct

Posted on October 17th, 2025 at 12:19 PM
FINRA Fines Oak Hills Securities for Private Placement Misconduct

The Financial Industry Regulatory Authority (FINRA) has censured and fined Oak Hills Securities Inc., an Oklahoma City brokerage, for multiple rule violations over five years.

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FINRA Suspends Former Citigroup Advisor Over Undisclosed Business Activities

Posted on October 16th, 2025 at 12:08 PM
FINRA Suspends Former Citigroup Advisor Over Undisclosed Business Activities

The Financial Industry Regulatory Authority (FINRA) has suspended former Citigroup representative Maximiliano Ramirez and fined him $5,000 for engaging in undisclosed outside business activities and investments.

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SEC Accuses Florida Insurance Agent of $52 Million Unregistered Securities Scheme

Posted on October 15th, 2025 at 11:33 AM
SEC Accuses Florida Insurance Agent of $52 Million Unregistered Securities Scheme

The U.S. Securities and Exchange Commission (SEC) has filed a complaint against Florida insurance agent Charles D. Oliver, alleging he illegally sold about $52 million in unregistered oil and gas securities to roughly 50 retail investors, including retired seniors.

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If you find yourself in trouble with 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.