Tagged with "Eccleston Law"

FINRA Bars Former UBS Advisor Who Allegedly Misappropriated $7.2 Million

Posted on February 13th, 2023 at 2:00 PM
FINRA Bars Former UBS Advisor Who Allegedly Misappropriated $7.2 Million

The Financial Industry Regulatory Authority (FINRA) has barred a former UBS financial advisor for allegedly misappropriating millions of dollars from clients. 

Read More »

SEC Issues New Warning Regarding Reg BI Compliance Lapses

Posted on February 10th, 2023 at 1:54 PM
SEC Issues New Warning Regarding Reg BI Compliance Lapses

The Securities and Exchange Commission (SEC) has issued a warning indicating that financial advisory firms are relying on outdated systems to achieve compliance with Regulation Best Interest (Reg BI). 

Read More »

Advisor Group Firms Avoid Fines Over Sales Charge Waivers

Posted on February 9th, 2023 at 2:28 PM
Advisor Group Firms Avoid Fines Over Sales Charge Waivers

The Financial Industry Regulatory Authority (FINRA) previously had ordered three Advisor Group financial advisory firms to pay nearly $515,000 in restitution for failing to apply sales charge waivers to certain 529 plan investors during a five-year period. 

Read More »

Morgan Stanley Fines Some Advisors $1 Million Over Messaging Lapses

Posted on February 8th, 2023 at 1:52 PM
Morgan Stanley Fines Some Advisors $1 Million Over Messaging Lapses

Morgan Stanley has fined some of its own financial advisors more than $1 million each for communicating with clients on WhatsApp and other messaging platforms. 

Read More »

SEC Charges Pennsylvania Investment Advisor With Operating Fraudulent Scheme

Posted on February 7th, 2023 at 1:48 PM
SEC Charges Pennsylvania Investment Advisor With Operating Fraudulent Scheme

The Securities and Exchange Commission (SEC) has charged a former investment advisor, Joshua Coleman, with allegedly operating a fraudulent scheme that generated nearly $200 million in ill-gained proceeds. 

Read More »

Morgan Stanley Expected To Soon Resolve Due Diligence Backlog

Posted on February 6th, 2023 at 12:44 PM
Morgan Stanley Expected To Soon Resolve Due Diligence Backlog

Morgan Stanley is expected to resolve an issue pertaining to financial advisors whose client accounts have been recently entangled in a due diligence backlog. 

Read More »

SEC Charges Wisconsin Financial Advisor For Allegedly Defrauding Senior Investors

Posted on February 3rd, 2023 at 2:00 PM
SEC Charges Wisconsin Financial Advisor For Allegedly Defrauding Senior Investors

The Securities and Exchange Commission (SEC) has charged a Wisconsin-based financial advisor, Anthony Liddle, with misappropriating $1.9 million from at least 13 investors.

Read More »

Clients Increase Their Demands to Cash Out of REITs Amidst Potential Recession

Posted on February 2nd, 2023 at 1:50 PM
Clients Increase Their Demands to Cash Out of REITs Amidst Potential Recession

Investors collectively have rushed to cash out of some non-traded real estate investment trusts (REITs) during the fourth quarter, which has boosted the demand to redeem shares of net asset value REITs by $1 billion, according to investment bank Robert A. Stanger & Co. 

Read More »

Crypto Lender Genesis Files For Bankruptcy

Posted on February 1st, 2023 at 12:56 PM
Crypto Lender Genesis Files For Bankruptcy

Cryptocurrency lender Genesis Global LLC has filed for bankruptcy as the crypto crisis spreads following FTX’s recent meltdown. 

Read More »

Former LPL Advisor Receives 8-Year Prison Sentence For Misappropriation of Client Funds

Posted on January 31st, 2023 at 1:30 PM
Former LPL Advisor Receives 8-Year Prison Sentence For Misappropriation of Client Funds

A former LPL financial advisor recently was sentenced to more than eight years in prison, or 100 months, for his role in a scheme that misappropriated $2.8 million from six clients. 

Read More »

TESTIMONIALS

Previous
Next

As a financial advisor with over 20 years of experience, I feel fortunate to call Jim my attorney and friend. He is a fantastic lawyer and trusted advisor. He is skilled in the matters necessary to do the job well. He uses his thoughtful approach and calm demeanor to achieve a positive outcome for the client. If you want to feel confident that nothing will be missed and that you will be represented in a highly professional manner, call Jim Eccleston.

Bill C. and Dan M.

LATEST NEWS AND ARTICLES

February 10, 2026
Merrill Lynch Expands Client Disclosures on Crypto and AI Risks

Merrill Lynch updated its required client disclosure brochure to address, for the first time, the evolving risks tied to cryptocurrency-linked investments and the firm’s expanding use of Artificial Intelligence tools.

February 9, 2026
FINRA Orders Osaic Unit to Pay Over $5 Million for Misleading Bank Deposit Program Disclosures

The Financial Regulatory Authority (FINRA) ordered independent broker-dealer Osaic and its acquired firm, American Portfolios Financial Services, to pay more than $5 million after finding that American Portfolios misled customers about how it calculated fees in its bank deposit program.

February 6, 2026
Delaware Regulators Fine Kovack Advisors $985,000

Kovack Advisors Inc., the registered investment adviser affiliate of independent broker-dealer Kovack Securities Inc., agreed to pay a $985,000 fine to Delaware securities regulators.