Tagged with "Eccleston Law"

Morgan Stanley Agrees to Fine for Failure to Provide Fund Disclosures

Posted on January 2nd, 2024 at 1:16 PM
Morgan Stanley Agrees to Fine for Failure to Provide Fund Disclosures

Morgan Stanley has agreed to a censure and a $400,000 fine following a Financial Industry Regulatory Authority (FINRA) investigation, which revealed the failure to deliver prospectuses to approximately 44,000 accounts invested in specific exchange-traded funds (ETFs).

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SEC Unmasks Connecticut-Based Adviser's $5.9 Million Fraud Scheme

Posted on January 2nd, 2024 at 11:45 AM
SEC Unmasks Connecticut-Based Adviser's $5.9 Million Fraud Scheme

The Securities and Exchange Commission (SEC) has unveiled a case of alleged fraud involving Connecticut-based unregistered investment adviser John A. Masanotti, Jr., and his company, Middlesex Mortgage Group LLC.

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Former Morgan Stanley Advisor Agrees to Settle with FINRA for Unapproved Investments

Posted on December 22nd, 2023 at 10:39 AM
Former Morgan Stanley Advisor Agrees to Settle with FINRA for Unapproved Investments

Former Morgan Stanley advisor Sara Y. Qazi has agreed to a $15,000 fine and a three-month suspension after the Financial Industry Regulatory Authority (FINRA) had alleged that she aided a client in an unauthorized private investment.

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Industry Advocates Criticize NASAA's Proposed Amendments to Business Practices Rule as Overreach

Posted on December 21st, 2023 at 2:30 PM

The North American Securities Administrators Association (NASAA) is facing criticism from the Institute for Portfolio Alternatives (IPA) and the Financial Services Institute (FSI) regarding its proposed updates to the "Dishonest or Unethical Business Practices of Broker-Dealers and Agents”, commonly known as the "Business Practices Rule."

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Cybercrime Vulnerability Among Older Population, $3.1 Billion Loss in 2022

Posted on December 20th, 2023 at 1:57 PM
Cybercrime Vulnerability Among Older Population, $3.1 Billion Loss in 2022

A recent report highlights the vulnerability of the older population in the United States to cybercrimes, leading to a staggering loss of $3.1 billion in 2022.

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SEC Targets Fund Adviser Jonathan Larmore in $35 Million Case

Posted on December 19th, 2023 at 1:35 PM
SEC Targets Fund Adviser Jonathan Larmore in $35 Million Case

The Securities and Exchange Commission (SEC) has filed fraud charges against ArciTerra Companies LLC, a real estate investment firm based in Phoenix, and its CEO, Jonathan M. Larmore.

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SEC Reports Unprecedented Enforcement Success in 2023

Posted on December 18th, 2023 at 1:23 PM
SEC Reports Unprecedented Enforcement Success in 2023

In its report on fiscal year 2023, the Securities and Exchange Commission (SEC) revealed a substantial increase in its enforcement efforts to protect investors and uphold market integrity.

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Mariner Wealth Advisors Request Temporary Halt to Edelman's Poaching and Defamation Lawsuit

Posted on December 15th, 2023 at 2:23 PM
Mariner Wealth Advisors Request Temporary Halt to Edelman's Poaching and Defamation Lawsuit

Mariner Wealth Advisors has sought a court order to temporarily halt a lawsuit filed by Edelman Financial Engines, alleging that Mariner poached advisors and misappropriated trade secrets.

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Edelman Financial Files Lawsuit Against Mariner Alleging Client Poaching and Defamation

Posted on December 14th, 2023 at 11:54 AM
Edelman Financial Files Lawsuit Against Mariner Alleging Client Poaching and Defamation

Edelman Financial Engines initiated legal action against Mariner Wealth Advisors, alleging that the Registered Investment Advisor (RIA) engaged in the wrongful recruitment of Edelman's financial advisors.

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Goldman Sachs Profit Drops by 33%

Posted on December 13th, 2023 at 1:24 PM
Goldman Sachs Profit Drops by 33%

Goldman Sachs Group Inc. experienced its second consecutive quarter of real estate writedowns and a continued dealmaking slump, reducing its profitability to approximately half of its targeted level.

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TESTIMONIALS

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We just wanted to say thanks for your work in helping us get back some of the money we lost. We are not by any means rich, but we have saved some money and we have done so through a tight-fisted approach to most everything we do. So losing a significant chunk of money hurt…especially at a time when everyone else was growing their accounts. We really appreciate the work you did.

Allan and Adele

LATEST NEWS AND ARTICLES

December 2, 2025
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.

December 1, 2025
UBS Winds Down Funds as First Brands Bankruptcy Ripples Through Global Markets

UBS Group AG has begun liquidating two invoice finance funds with direct exposure to First Brands Group, marking one of the earliest moves by a major financial institution to contain the fallout from the bankrupt auto-parts supplier’s collapse, as reported by Bloomberg Law.

November 26, 2025
Former GWG Chair Charged in Alleged $150 Million Fraud Scheme as Investor Losses Mount

Federal prosecutors have intensified scrutiny of the long-running collapse of GWG Holdings Inc., unveiling criminal charges against Bradley Heppner, the former chair of both GWG and Beneficient.