Tagged with "eccleston"

CFTC Investigates Banks for Potential Whistleblower Suppression

Posted on May 16th, 2024 at 10:26 AM
CFTC Investigates Banks for Potential Whistleblower Suppression

The Commodity Futures Trading Commission (CFTC) has initiated inquiries into several banks, including JPMorgan Chase, Bank of America, and Citigroup, regarding potentially hindering whistleblowers from disclosing information, as reported by Bloomberg News.

 

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NFA Issues Order Against 50.ai Investments LLC

Posted on May 15th, 2024 at 2:54 PM
NFA Issues Order Against 50.ai Investments LLC

The National Futures Association's (NFA) Business Conduct Committee (BCC) has taken action against 50.ai Investments LLC, a former NFA Member commodity pool operator and forex firm, for violating multiple NFA compliance rules.

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Former Edward Jones Advisor Cleared to Solicit Clients for Wells Fargo Advisors

Posted on May 13th, 2024 at 1:12 PM
Former Edward Jones Advisor Cleared to Solicit Clients for Wells Fargo Advisors

In a recent decision, a panel of three Financial Industry Regulatory Authority (FINRA) arbitrators ruled against Edward D. Jones & Co., allowing one of its former advisors, Justin P. Mackay, to solicit his former clients to transfer their assets to Wells Fargo Advisors.

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SEC Bars Financial Advisor for Securities Trading Scheme

Posted on May 10th, 2024 at 1:33 PM
SEC Bars Financial Advisor for Securities Trading Scheme

The Securities and Exchange Commission (SEC) has barred financial advisor Andrew Komarow from the securities industry, following a similar bar by FINRA.

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Colorado Cracks Down on Imposter Investment Firms

Posted on May 9th, 2024 at 1:10 PM
Colorado Cracks Down on Imposter Investment Firms

Colorado Securities Commissioner Tung Chan recently took action against two fraudulent investment firms, Joyce Dunbar Management, and Fluxia Capital Management, accusing them of deceptive practices.

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J.P. Morgan Securities Ordered to Pay Damages Over Defamation Claims

Posted on May 8th, 2024 at 11:55 AM
J.P. Morgan Securities Ordered to Pay Damages Over Defamation Claims

J.P. Morgan Securities has been directed to pay $250,000 in damages to a New York financial advisor following allegations of defamation in a regulatory filing upon his departure from the firm in 2022.

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UBS Advisors Ordered to Pay Nearly $334,000 in Dispute with AllianceBernstein

Posted on May 7th, 2024 at 1:47 PM
UBS Advisors Ordered to Pay Nearly $334,000 in Dispute with AllianceBernstein

An arbitration award revealed that two UBS advisors in Philadelphia, Elijah Dornstreich and Ryan DePaul, are required to pay approximately $334,000 in damages, legal fees, and costs to their former firm, AllianceBernstein, due to a dispute over customer solicitation.

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SEC Cracks Down on Misuse of Artificial Intelligence

Posted on May 6th, 2024 at 2:53 PM

The U.S. Securities and Exchange Commission (SEC) has taken action against two money managers, Delphia (USA) Inc. and Global Predictions Inc., for allegedly making false and misleading statements regarding their utilization of artificial intelligence (AI) technology.

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Attorney Eccleston Receives America's Most Honored Lawyers Award

Posted on May 3rd, 2024 at 9:39 AM
Attorney Eccleston Receives America's Most Honored Lawyers Award

James Eccleston has been recognized as one of America's Most Honored Lawyers by The American Registry. 

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FINRA Bars Former E-Trade Broker for Refusal to Cooperate in Investigation

Posted on May 2nd, 2024 at 10:33 AM
FINRA Bars Former E-Trade Broker for Refusal to Cooperate in Investigation

Matthew J. Chimento, a former broker at E-Trade Securities in Alpharetta, Georgia, has been barred by FINRA for failing to provide information and documents related to allegations of unauthorized fund transfers from a client's account.

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TESTIMONIALS

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I just wanted to say thanks again for preparing and executing my case in such a professional manner. It was a pleasure to watch two professionals take such pride in their work, as well as becoming personally in tune with your client (Me). I would personally recommend you and your firm to anyone.

John O.

LATEST NEWS AND ARTICLES

September 19, 2025
Financial Advisors Split on AI Adoption

Artificial Intelligence (AI) continues to dominate headlines, promising sweeping efficiencies in nearly every industry. Financial Planning reports that financial advisors remain divided on its role and value.

September 18, 2025
Easterly ROCMuni Fund Collapse Triggers Investor Lawsuits

The Easterly ROCMuni High Income Municipal Bond Fund (tickers RMHIX, RMHVX, RMJAX) suffered a significant collapse in mid-2025, wiping out hundreds of millions in value and leaving many investors with steep losses.

September 17, 2025
FINRA Suspends Centaurus Dallas Broker Over Excessive Alternative Investment Sales

FINRA has suspended a Centaurus Financial broker, William Burks, for four months after finding he placed as much as 91 percent of a client’s net worth into illiquid alternative investments.