Tagged with "Eccleston Law"

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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CFP Board Advances Measures for Heightened Accountability and Transparent Public Sanctions

Posted on December 12th, 2023 at 3:33 PM
CFP Board Advances Measures for Heightened Accountability and Transparent Public Sanctions

The CFP Board has revealed that it will release the Disciplinary and Ethics Commission (DEC) orders imposing sanctions alongside the public sanction news releases that it already publicizes. 

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TD Bank Brokerage Unit Settles FINRA Case Alleging Oversight Gaps in Email Monitoring

Posted on December 11th, 2023 at 10:57 AM
TD Bank Brokerage Unit Settles FINRA Case Alleging Oversight Gaps in Email Monitoring

TD Private Client Wealth (TDPCW), a broker-dealer subsidiary of TD Bank, has agreed to pay a $600,000 fine and be censured following an investigation by the Financial Industry Regulatory Authority (FINRA).

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Former Advisor Receives Decade Long Prison Sentence for Fraudulent Activities

Posted on December 8th, 2023 at 1:23 PM
Former Advisor Receives Decade Long Prison Sentence for Fraudulent Activities

Former First American Securities Inc. president Thomas Brenner has been sentenced to over ten years in prison by a federal judge in Ohio.

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RIA's Asset Growth Still Trails Behind Wirehouse Counterparts

Posted on December 7th, 2023 at 11:29 AM
RIA's Asset Growth Still Trails Behind Wirehouse Counterparts

Registered Investment Advisors (RIAs) are experiencing a faster growth rate in numbers compared to national brokerage firms, as indicated by recent data from Cerulli Associates, but their asset levels still trail.

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LATEST NEWS AND ARTICLES

March 4, 2026
Modern Fraud Schemes Escalate in Scale and Sophistication

A recent panel discussion at the Financial Services Institute OneVoice conference in San Diego highlighted how rapidly evolving fraud schemes continue to victimize both retail and wealthy investors.

March 3, 2026
FINRA Suspends Former Stifel Broker Over Costly Account Switching Trades

The Financial Industry Regulatory Authority (FINRA) suspended a former Stifel, Nicolaus & Co.

March 2, 2026
FINRA Suspends Cetera Broker for Accepting $50,000 Client Bequest Without Firm Approval

The Financial Industry Regulatory Authority (FINRA) imposed a $10,000 fine and a seven-month suspension on an independent broker for accepting a $50,000 bequest from a client without obtaining prior firm approval.