Tagged with "eccleston"

Stifel Drops Advisor Chuck Roberts Amid Legal Fallout from Failed Structured Notes Strategy

Posted on August 18th, 2025 at 4:19 PM
Stifel Drops Advisor Chuck Roberts Amid Legal Fallout from Failed Structured Notes Strategy

Stifel Financial Corp. has parted ways with Chuck Roberts, a high-profile financial advisor whose investment strategies have triggered a wave of costly legal complaints.

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FINRA Bars Former Ameriprise Advisor Over $2.2 Million in Client Loans

Posted on August 15th, 2025 at 1:42 PM
FINRA Bars Former Ameriprise Advisor Over $2.2 Million in Client Loans

The Financial Industry Regulatory Authority (FINRA) has permanently barred former Ameriprise Financial broker Eric A. Dupre for borrowing more than $2.2 million from clients without firm authorization.

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Florida Investment Advisor Accused of Orchestrating $94 Million Fraud Targeting International Clients

Posted on August 14th, 2025 at 1:46 PM
Florida Investment Advisor Accused of Orchestrating $94 Million Fraud Targeting International Clients

Federal prosecutors have charged Andrew Hamilton Jacobus, a former investment adviser based in Fort Lauderdale, Florida, with defrauding international investors of over $94 million over 20 years.

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FINRA Suspends Financial Advisor for Outsourcing Continuing Education Requirements

Posted on August 13th, 2025 at 1:50 PM
FINRA Suspends Financial Advisor for Outsourcing Continuing Education Requirements

The Financial Industry Regulatory Authority (FINRA) has suspended advisor Francis G. Smith for one month and fined him $5,000 after finding he had someone else complete required continuing education (CE) coursework on his behalf.

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Margin Debt Hits $1 Trillion as Investor Risk Appetite Surges

Posted on August 12th, 2025 at 2:13 PM
Margin Debt Hits $1 Trillion as Investor Risk Appetite Surges

According to Barron’s, investors are borrowing against their portfolios at record levels.

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FINRA Suspends Broker for Impersonating Clients During Account Transfers

Posted on August 11th, 2025 at 11:51 AM
FINRA Suspends Broker for Impersonating Clients During Account Transfers

Chad M. Rogers, a former broker with Independent Financial Partners (IFP) in Oklahoma City, received a 45-day suspension and a $5,000 fine from FINRA after impersonating clients during phone calls to facilitate account transfers.

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SEC Overturns FINRA Bar Against Former Rep, Issues Immediate Suspension Instead

Posted on August 8th, 2025 at 1:41 PM
SEC Overturns FINRA Bar Against Former Rep, Issues Immediate Suspension Instead

In a rare move, the Securities and Exchange Commission (SEC) has scaled back an industry bar by the Financial Industry Regulatory Authority (FINRA) against former rep Thomas Lykos Jr., converting the sanction into a suspension that ended immediately upon the SEC's decision.

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FINRA Panel Awards $160K in Broker Poaching Dispute Between Former Ameriprise Teammates

Posted on August 7th, 2025 at 4:23 PM
FINRA Panel Awards $160K in Broker Poaching Dispute Between Former Ameriprise Teammates

A FINRA arbitration panel has ordered Kraig R. Bode, an independent broker now affiliated with Sanctuary Wealth, to pay $160,000 in damages to his former teammate, Seth C. Murray, stemming from allegations of client solicitation following Bode’s departure from Ameriprise Financial in October 2021.

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Ex-Schwab Representative Suspended Two Years and Fined for Concealing Profit-Sharing Agreement

Posted on August 6th, 2025 at 11:46 AM
Ex-Schwab Representative Suspended Two Years and Fined for Concealing Profit-Sharing Agreement

The Financial Industry Regulatory Authority (FINRA) has suspended former Charles Schwab & Co. Inc. representative Daniel Michael Roper for two years.

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Second Circuit Rejects Morgan Stanley's Bid to Overturn ERISA Ruling

Posted on August 5th, 2025 at 2:25 PM
Second Circuit Rejects Morgan Stanley's Bid to Overturn ERISA Ruling

Morgan Stanley has once again hit a roadblock in its effort to overturn a federal court decision that applies the Employee Retirement Income Security Act of 1974 (ERISA) protections to its deferred compensation plan.

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LATEST NEWS AND ARTICLES

January 9, 2026
FINRA Sanctions Former Wells Fargo Advisor for Profile Falsification and Unauthorized Trading

The Financial Industry Regulatory Authority (FINRA) disciplined former Wells Fargo Advisors broker James E. Holmes III for misconduct tied to his falsifying customer information and unauthorized trading.

January 8, 2026
Georgia Investment Advisor Pleads Guilty to Ponzi Scheme

A former Georgia investment adviser has pleaded guilty to wire fraud after federal prosecutors accused his firm of operating a multiyear Ponzi scheme that cost investors millions of dollars, as reported by Financial Advisor News.

January 7, 2026
FINRA Releases 2026 Regulatory Oversight Report, Spotlighting Private Placement Compliance Risks

The Financial Industry Regulatory Authority (FINRA) released its 2026 Annual Regulatory Oversight Report, responding directly to member feedback and reinforcing its stated mission to protect investors and promote market integrity.