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Tagged with "Eccleston Law"

Investment Advisors Brace for Influx of New Rules and Regulatory Changes

Posted on August 31st, 2023 at 1:08 PM
Investment Advisors Brace for Influx of New Rules and Regulatory Changes

The Securities and Exchange Commission's (SEC) announcement in May 2021 about enforcing a landmark marketing rule, approved by the agency the previous December, caused a considerable stir among investment advisers.

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Weighing the Upsides and Downsides of Alternative Investments

Posted on August 30th, 2023 at 1:09 PM
Weighing the Upsides and Downsides of Alternative Investments

In its 2023 Financial Advisor Survey, iCapital surveyed 400 U.S. registered financial professionals. Those professionals, who either use or are considering using alternatives within the coming year, are exploring ways to diversify beyond traditional 60/40 portfolios.

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SEC Accuses Investment Fund of Engaging in Deceptive Practices

Posted on August 29th, 2023 at 4:13 PM
SEC Accuses Investment Fund of Engaging in Deceptive Practices

The Securities and Exchange Commission (SEC) has brought settled charges against Summitcrest Capital Inc. and its principals, Johnny Tseng and Kevin Zhang, alleging that they engaged in an offering fraud via their real estate investment fund, SC Development Fund LLC.

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SEC Takes Action Against Advisor for Operating with Revoked Registration

Posted on August 28th, 2023 at 1:12 PM
SEC Takes Action Against Advisor for Operating with Revoked Registration

The Securities and Exchange Commission (SEC) has barred an investment adviser representative from conducting business.

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Goldman Launches Initiative to Address Gaps Following Fed Oversight

Posted on August 24th, 2023 at 11:27 AM
Goldman Launches Initiative to Address Gaps Following Fed Oversight

Goldman Sachs Group Inc. is experiencing a hiring spree due to a new wave of regulatory scrutiny in the US.

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Damage Claims Exceed $24 Million for Stifel Advisor's Note Strategy

Posted on August 23rd, 2023 at 1:15 PM
Damage Claims Exceed $24 Million for Stifel Advisor's Note Strategy

Complaints against an advisor from Miami-based Stifel Nicolaus & Co. are increasing due to a structured note strategy, and additional million-dollar claims have been added to the ongoing concerns.

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FINRA Announces Enhancements to Advisor Expungement Process

Posted on August 22nd, 2023 at 1:43 PM
FINRA Announces Enhancements to Advisor Expungement Process

The Financial Industry Regulatory Authority (FINRA) has adopted several reforms to tighten the expungement process and has set an implementation date of October 16.

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SEC Uncovers

Posted on August 21st, 2023 at 3:51 PM
SEC Uncovers

Wall Street regulators recently imposed hundreds of millions of dollars in penalties on broker-dealers. The penalties resulted from their failure to detect executives and traders using unofficial communication platforms such as WhatsApp.

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SEC Takes Action Against 11 Wall Street Firms for Record-keeping Violations

Posted on August 18th, 2023 at 11:31 AM
SEC Takes Action Against 11 Wall Street Firms for Record-keeping Violations

The Securities and Exchange Commission (SEC) has charged 11 firms with significant and longstanding failures to uphold electronic communication preservation regulations.

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SEC Charges Fund Administrator Over Ignoring Warning Signs

Posted on August 17th, 2023 at 11:44 AM
SEC Charges Fund Administrator Over Ignoring Warning Signs

The Securities and Exchange Commission (SEC) has settled charges against Theorem Fund Services LLC (TFS) for failing to respond to red flags relating to the commission of fraud against a private fund and its investors.

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LATEST NEWS AND ARTICLES

1785772777 Law
August 3, 2026
FINRA Launches Review of High-Risk Structured Notes Sales and Supervision

The Financial Industry Regulatory Authority (FINRA) has launched a regulatory sweep examining the sale of high-risk structured products, with particular attention on non-principal protected "worst-of" structured notes, according to AdvisorHub.

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Former Alabama Financial Advisor Barred After Selling His Practice

The U.S.

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July 30, 2026
CFP Board Proposes New Rules for Handling Expunged Criminal Records

The CFP Board has announced that it is considering a proposal to change how it treats applicants with expunged criminal convictions, according to Wealth Management.