Tagged with "Eccleston Law"

Financial Advisor in Maryland Pleads Guilty to Defrauding Elderly Client

Posted on January 18th, 2024 at 1:12 PM
Financial Advisor in Maryland Pleads Guilty to Defrauding Elderly Client

Financial advisor Jeffrey A. Blizzard has pleaded guilty to bank fraud, facing a potential 30-year federal prison sentence.

Read More »

LPL Financial to Pay $6 Million to Settle FINRA Charges Over Regulation Best Interest Lapses

Posted on January 17th, 2024 at 1:45 PM
LPL Financial to Pay $6 Million to Settle FINRA Charges Over Regulation Best Interest Lapses

LPL Financial has agreed to pay over $6 million to settle charges by FINRA, alleging violations of Regulation Best Interest in recommending trades involving certain listed business development companies.

Read More »

Securities Lending Oversight Lapses Lead to FINRA Sanctions

Posted on January 16th, 2024 at 11:34 AM
Securities Lending Oversight Lapses Lead to FINRA Sanctions

The Financial Industry Regulatory Authority Inc. (FINRA) recently concluded settlements totaling $2.6 million in fines and restitution with four mobile apps and online broker-dealers.

Read More »

WestPark Capital Representative Sanctioned for Unauthorized Private Transactions

Posted on January 15th, 2024 at 1:24 PM
WestPark Capital Representative Sanctioned for Unauthorized Private Transactions

The Financial Industry Regulatory Authority (FINRA) has imposed a fine and suspension on Mitchell S. Morrison for engaging in private securities transactions without providing prior written notice to his affiliated firms.

Read More »

SEC Awards Over $28 Million to Whistleblowers

Posted on January 12th, 2024 at 1:21 PM
SEC Awards Over $28 Million to Whistleblowers

The Securities and Exchange Commission (SEC) has granted awards totaling more than $28 million to seven individuals who played a pivotal role in a successful SEC enforcement action.

Read More »

Goldman Sachs Reports Garden Leave Violations on CRDs of Former PFM Advisors

Posted on January 11th, 2024 at 1:28 PM
Goldman Sachs Reports Garden Leave Violations on CRDs of Former PFM Advisors

Goldman Sachs has introduced further challenges for former advisors of its Personal Financial Management (PFM) unit who departed for competitors before the unit's sale to Creative Planning in November.

Read More »

SEC Secures Receiver for GPB Capital Holdings Following Alleged Deceptive Practices

Posted on January 10th, 2024 at 2:20 PM
SEC Secures Receiver for GPB Capital Holdings Following Alleged Deceptive Practices

The U.S. District Court for the Eastern District of New York approved the SEC's request to transition the ongoing monitorship over GPB Capital Holdings, LLC and its affiliates into a receivership.

Read More »

Regulatory Concerns Mount as Wells Fargo Faces Criticism for Insufficient Oversight of Customer Crimes

Posted on January 9th, 2024 at 2:11 PM
Regulatory Concerns Mount as Wells Fargo Faces Criticism for Insufficient Oversight of Customer Crimes

Wells Fargo is under regulatory scrutiny. According to the Wall Street Journal, regulators have directed the bank to enhance its capabilities in detecting and preventing criminal activity associated with its accounts or products.

Read More »

JPMorgan Faces Allegations in $50 Million Wealth Loss Case by 78 Year Old Investor with Dementia

Posted on January 8th, 2024 at 2:47 PM
JPMorgan Faces Allegations in $50 Million Wealth Loss Case by 78 Year Old Investor with Dementia

A successful entrepreneur who had entrusted JPMorgan Chase & Co. with his substantial wealth, once valued at $50 million and now valued at $1.5 million, has sued JPMorgan.

Read More »

SEC Approves Eased Oversight Guidelines for Remote Advisors

Posted on January 5th, 2024 at 1:34 PM
SEC Approves Eased Oversight Guidelines for Remote Advisors

Advisors opting for home offices received a nod from the Securities and Exchange Commission (SEC) as it greenlit rules permitting remote inspections of advisors' offices.

Read More »

TESTIMONIALS

Previous
Next

The work that you and your team have performed on my behalf is exemplary.

JT

LATEST NEWS AND ARTICLES

September 19, 2025
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.

September 18, 2025
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.

September 17, 2025
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.