Tr?id=566623520170033&ev=PageView&noscript=1

Tagged with "eccleston"

SEC Bars California Advisor for $4.6 Million Client Theft and Falsified Filings

Posted on July 28th, 2025 at 11:37 AM
SEC Bars California Advisor for $4.6 Million Client Theft and Falsified Filings

The Securities and Exchange Commission (SEC) has permanently barred Andrew Nash, a Santa Barbara-based investment adviser, from the securities industry after alleging he misappropriated $4.6 million from a client and falsified regulatory filings to cover up the theft.

Read More »

Former Merrill Lynch Broker Settles SEC Case Over $3 Million Investment Fraud

Posted on July 25th, 2025 at 1:56 PM
Former Merrill Lynch Broker Settles SEC Case Over $3 Million Investment Fraud

A former Dallas-based broker has settled civil charges with the Securities and Exchange Commission (SEC) after stealing nearly $3 million from his clients over nine years.

Read More »

Beware the Hidden Risks Lurking in Option-Income ETFs

Posted on July 24th, 2025 at 11:47 AM
Beware the Hidden Risks Lurking in Option-Income ETFs

Lately, a wave of option-income exchange-traded funds (ETFs) has flooded the market, boasting eye-popping yields as high as 230 percent.

Read More »

SEC Bars Brite Advisors USA for Custody Rule Violations and Disclosure Failures

Posted on July 23rd, 2025 at 1:07 PM
SEC Bars Brite Advisors USA for Custody Rule Violations and Disclosure Failures

The Securities and Exchange Commission (“SEC”) has permanently barred Brite Advisors USA, a New York-based investment adviser managing roughly $400 million in assets, from operating in the advisory business.

Read More »

Former Advisor Sentenced to Over Eight Years for $17 Million Fraud Scheme

Posted on July 22nd, 2025 at 11:42 AM
Former Advisor Sentenced to Over Eight Years for $17 Million Fraud Scheme

A former financial advisor from Pennsylvania has been sentenced to more than eight years in federal prison for defrauding clients out of over $17 million, including his own widowed aunt.

Read More »

Federal Judge Approves $91.3 Million in GWG Holdings Bankruptcy Settlements

Posted on July 21st, 2025 at 9:22 AM
Federal Judge Approves $91.3 Million in GWG Holdings Bankruptcy Settlements

A federal bankruptcy judge in Houston has approved $91.3 million in settlements from several professional firms, company founders, and former executives tied to the collapse of GWG Holdings Inc.

Read More »

Former LPL Advisor Suspended for Beneficiary Designation Violations

Posted on July 17th, 2025 at 1:46 PM
Former LPL Advisor Suspended for Beneficiary Designation Violations

A former LPL Financial advisor has agreed to an eight-month suspension and a $5,000 fine after the Financial Industry Regulatory Authority (FINRA) found he improperly named his immediate family members as beneficiaries on a client’s accounts without firm approval.

Read More »

Former CFA Institute Executive Charged in $5 Million Embezzlement Scheme

Posted on July 16th, 2025 at 11:05 AM
Former CFA Institute Executive Charged in $5 Million Embezzlement Scheme

Michael J. Collins, the former chief marketing officer of the CFA Institute, has been accused of embezzling nearly $5 million from the financial education organization through a long-running fraud scheme designed to fund a lavish personal lifestyle.

Read More »

Former Advisor Sues Prime Capital Again Over Unpaid Equity Redemption

Posted on July 15th, 2025 at 2:07 PM
Former Advisor Sues Prime Capital Again Over Unpaid Equity Redemption

A former San Diego-based advisor has filed a second lawsuit against Prime Capital Financial, alleging breach of contract after the firm failed to honor agreed-upon terms related to his equity buyout.

Read More »

Wisconsin Man Charged in $15.8 Million Ponzi Scheme Disguised as Investment Advisory Business

Posted on July 14th, 2025 at 11:40 AM
Wisconsin Man Charged in $15.8 Million Ponzi Scheme Disguised as Investment Advisory Business

Federal authorities have charged a Wisconsin man with orchestrating a multimillion-dollar Ponzi scheme that defrauded more than 120 investors over six years.

Read More »

TESTIMONIALS

Previous
Next
Quotes Bigger

I just received this letter from the CFP Board. Thank you, Thank you, THANK YOU!

David Y

LATEST NEWS AND ARTICLES

1789490284 Law
September 15, 2026
FINRA Suspends Former Northwestern Mutual Broker Over Customer Loans

The Financial industry Regulatory Authority (FINRA) has suspended and fined a former Northwestern Mutual broker after he solicited two customers for loans to purchase another representative's book of business but instead used most of the money to pay personal expenses and other debt, according to an Acceptance, Waiver, and Consent (AWC) letter.<...

1789403905 Law
September 14, 2026
SEC Considers Expanding Retail Access to Private Markets

The Securities and Exchange Commission (SEC) is considering a proposal that could expand retail investors' access to private markets and allow investment advisers to charge performance fees to a broader group of clients.

1789155492 Law
September 11, 2026
SEC Considers Investor Test to Expand Accredited Investor Eligibility

The Securities and Exchange (SEC) Chairman Paul S.