Tagged with "eccleston"

TIAA Settles SEC Charges for Violating Reg BI

Posted on March 21st, 2024 at 2:02 PM
TIAA Settles SEC Charges for Violating Reg BI

The Teachers Insurance and Annuity Association of America (TIAA) has agreed to a $2.2 million settlement with the Securities and Exchange Commission (SEC) over allegations of violating Regulation Best Interest (Reg BI) in recommending investment options to clients opening individual retirement accounts (IRAs).

Read More »

Investors Navigate Illiquidity in Venture Funds Through Secondary Deals

Posted on March 20th, 2024 at 11:32 AM
Investors Navigate Illiquidity in Venture Funds Through Secondary Deals

The Wall Street Journal reports that the current sluggishness in the venture market has left many investors in venture funds grappling with illiquid portfolios, making it challenging to ascertain their value.

Read More »

FINRA's Year-End Enforcement Blitz: LPL Financial and Interactive Brokers Face Major Penalties

Posted on March 19th, 2024 at 2:55 PM
FINRA's Year-End Enforcement Blitz: LPL Financial and Interactive Brokers Face Major Penalties

The Financial Industry Regulatory Authority Inc. (FINRA) concluded the year with significant penalties against two major firms, LPL Financial and Interactive Brokers.

Read More »

SEC Charges Individuals in $1.7 Billion Crypto Pyramid Scheme

Posted on March 18th, 2024 at 4:11 PM
SEC Charges Individuals in $1.7 Billion Crypto Pyramid Scheme

The Securities and Exchange Commission (SEC) has filed charges against Xue Lee (aka Sam Lee) and Brenda Chunga (aka Bitcoin Beautee) for their involvement in the
HyperFund crypto asset pyramid scheme, which fraudulently raised over $1.7 billion from global investors.

Read More »

FINRA Set to End Temporary Remote Inspection Relief with New Rules

Posted on March 15th, 2024 at 11:52 AM
FINRA Set to End Temporary Remote Inspection Relief with New Rules

The Financial Industry Regulatory Authority (FINRA) announced that it will conclude its temporary relief from in-person inspection requirements, implemented due to the COVID-19 pandemic, on May 31.

Read More »

KBS Realty Advisors Fund Faces Uncertainty Amidst Commercial Real Estate Challenges

Posted on March 14th, 2024 at 10:46 AM
KBS Realty Advisors Fund Faces Uncertainty Amidst Commercial Real Estate Challenges

According to a regulatory filing cited by the Dallas Morning News, KBS Real Estate Investment Trust III has raised concerns about its future viability.

Read More »

FINRA Implements Reforms to Arbitrator Selection Process

Posted on March 13th, 2024 at 9:34 AM
FINRA Implements Reforms to Arbitrator Selection Process

The Financial Industry Regulatory Authority (“FINRA”) is rolling out reforms to its arbitration forum's panel selection process.

Read More »

Morgan Stanley Advisor Barred for Allegedly Embezzling $58,000 from Clients

Posted on March 12th, 2024 at 1:09 PM
Morgan Stanley Advisor Barred for Allegedly Embezzling $58,000 from Clients

Chingyuan "Gary" Chang, a former broker and investment adviser at Morgan Stanley, has been permanently barred from the securities industry by the Securities and Exchange Commission (SEC) for purportedly stealing over $58,000 from four customer accounts.

Read More »

Citigroup and Wells Fargo Advisor Charged with Defrauding Clients in Movie Investment Scam

Posted on March 11th, 2024 at 1:44 PM
Citigroup and Wells Fargo Advisor Charged with Defrauding Clients in Movie Investment Scam

Helen Grace Caldwell, a former Illinois financial advisor with Citigroup and Wells Fargo, is facing federal wire fraud charges for allegedly cheating three clients out of $1.5 million through a fraudulent movie investment scheme.

Read More »

SEC Chair Gensler Addresses AI Challenges and Conflict-of-Interest Proposals

Posted on March 8th, 2024 at 10:37 AM
SEC Chair Gensler Addresses AI Challenges and Conflict-of-Interest Proposals

SEC Chair Gary Gensler highlighted the dual nature of artificial intelligence (AI), acknowledging its vast opportunities for humanity while also underscoring its regulatory challenges, particularly concerning conflicts of interest in investing.

Read More »

TESTIMONIALS

Previous
Next

That is just fantastic! Thank you very much!

Julie N.

LATEST NEWS AND ARTICLES

January 14, 2026
FINRA Fines and Suspends Wells Fargo Advisor Over Fictitious Expense Claims

The Financial Industry Regulatory Authority (FINRA) fined and suspended a Wells Fargo Advisors representative in Waco, Texas, after finding that he submitted fictitious business expense claims, according to a FINRA Acceptance, Waiver and Consent (AWC) letter.

January 12, 2026
Florida Man Indicted in $36 Million Investment Fraud Scheme

According to news sources, federal prosecutors allege that a Florida man orchestrated a multimillion-dollar Ponzi scheme that funded a luxury lifestyle built on stolen investor money, according to the U.S. Department of Justice.

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.