Tagged with "eccleston"

JPMorgan Pursues Legal Action Against Advisor Who Moved to Wells Fargo

Posted on January 26th, 2024 at 1:21 PM

JPMorgan Chase & Co. has initiated legal action, seeking a temporary restraining order against former employee Jeffry Neal Carel. 

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SEC Charges Investment Advisor Justin Murphy for $3.4 Million Investor Funds Misappropriation

Posted on January 25th, 2024 at 10:37 AM
SEC Charges Investment Advisor Justin Murphy for $3.4 Million Investor Funds Misappropriation

The Securities and Exchange Commission (SEC) has charged Justin Murphy and his investment management firm, Mara Investments, LLC, for fraudulent misappropriation of approximately $3.4 million of investor assets.

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FINRA Bars New Jersey Advisor Over Alleged Securities Violations and Refusal to Testify

Posted on January 24th, 2024 at 2:26 PM
FINRA Bars New Jersey Advisor Over Alleged Securities Violations and Refusal to Testify

The Financial Industry Regulatory Authority (FINRA) has barred New Jersey advisor Anthony J. Cantone for refusing to provide testimony in an investigation into his business practices.

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Merrill Edge Faces Class Action Lawsuit Over Interest Rates

Posted on January 23rd, 2024 at 3:20 PM
Merrill Edge Faces Class Action Lawsuit Over Interest Rates

Merrill Edge, the online brokerage and advisory arm of Merrill Lynch, is facing a class action lawsuit.

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SEC Greenlights Spot Bitcoin ETFs

Posted on January 22nd, 2024 at 11:57 AM

In a groundbreaking move, U.S. regulators have approved the first exchange-traded funds (ETFs) directly investing in Bitcoin.

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Salt Lake City Wells Fargo Advisor Accepts FINRA Bar Following SEC Settlement

Posted on January 19th, 2024 at 1:30 PM

Louis P. Goff, a former Wells Fargo Advisors broker in Salt Lake City, Utah, has agreed to a bar from the brokerage industry imposed by the Financial Industry Regulatory Authority (FINRA).

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Financial Advisor in Maryland Pleads Guilty to Defrauding Elderly Client

Posted on January 18th, 2024 at 1:12 PM
Financial Advisor in Maryland Pleads Guilty to Defrauding Elderly Client

Financial advisor Jeffrey A. Blizzard has pleaded guilty to bank fraud, facing a potential 30-year federal prison sentence.

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LPL Financial to Pay $6 Million to Settle FINRA Charges Over Regulation Best Interest Lapses

Posted on January 17th, 2024 at 1:45 PM
LPL Financial to Pay $6 Million to Settle FINRA Charges Over Regulation Best Interest Lapses

LPL Financial has agreed to pay over $6 million to settle charges by FINRA, alleging violations of Regulation Best Interest in recommending trades involving certain listed business development companies.

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Securities Lending Oversight Lapses Lead to FINRA Sanctions

Posted on January 16th, 2024 at 11:34 AM
Securities Lending Oversight Lapses Lead to FINRA Sanctions

The Financial Industry Regulatory Authority Inc. (FINRA) recently concluded settlements totaling $2.6 million in fines and restitution with four mobile apps and online broker-dealers.

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WestPark Capital Representative Sanctioned for Unauthorized Private Transactions

Posted on January 15th, 2024 at 1:24 PM
WestPark Capital Representative Sanctioned for Unauthorized Private Transactions

The Financial Industry Regulatory Authority (FINRA) has imposed a fine and suspension on Mitchell S. Morrison for engaging in private securities transactions without providing prior written notice to his affiliated firms.

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LATEST NEWS AND ARTICLES

February 12, 2026
CFTC Signals New Rulemaking for Prediction Markets and Crypto Oversight

The Commodity Futures Trading Commission (CFTC) plans to develop new regulations governing the growing prediction markets industry, Chairman Michael Selig announced, signaling a shift in regulatory strategy.

February 11, 2026
Ameriprise Advisor Phishing Incident Potentially Exposes Client Data

A phishing incident involving an Ameriprise Financial advisor potentially exposed the personal information of hundreds of clients, according to a disclosure posted by the Maine Attorney General’s office.

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.