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

Tagged with "eccleston"

FINRA Plans Fee Increases Amid Rising Costs and Losses

Posted on July 25th, 2024 at 10:51 AM
FINRA Plans Fee Increases Amid Rising Costs and Losses

The Financial Industry Regulatory Authority (FINRA) has announced plans to raise fees for its approximately 3,300 broker-dealer member firms. According to AdvisorHub, the self-regulator faces soaring costs, as detailed in its annual report published at the end of June.

Read More »

Raymond James Settles with Oregon Over Excessive Commissions

Posted on July 24th, 2024 at 1:36 PM
Raymond James Settles with Oregon Over Excessive Commissions

Raymond James recently settled a case with Oregon's Division of Financial Regulation (“DFR”), agreeing to pay nearly $200,000 over allegations of charging excessive commissions to retail investors.

Read More »

Former Florida Financial Advisor Charged with $2.7 Million Fraud Scheme

Posted on July 23rd, 2024 at 12:10 PM
Former Florida Financial Advisor Charged with $2.7 Million Fraud Scheme

According to ThinkAdvisor, federal prosecutors have charged former Florida financial advisor Jared Dean Eakes with wire fraud, alleging he scammed clients out of over $2.7 million across multiple states, including Alabama, Arkansas, Florida, Missouri, and elsewhere.

Read More »

Financial Advisors Win Arbitration Over "Book of Business" Dispute

Posted on July 22nd, 2024 at 3:02 PM
Financial Advisors Win Arbitration Over

In a lengthy arbitration dispute, two Miami-based financial advisors, Eduardo Augsten and Gustavo Vega, battled over revenue generated from their shared book of business.

Read More »

Cambridge Investment Research Faces FINRA Review and SEC Penalties

Posted on July 19th, 2024 at 11:15 AM
Cambridge Investment Research Faces FINRA Review and SEC Penalties

Cambridge Investment Research is under review by FINRA's examination staff and anticipates making a $500,000 restitution payment to certain clients in 2024.

Read More »

Financial Institutions Struggle to Combat Rising Authorized Transfer Scams

Posted on July 18th, 2024 at 1:02 PM
Financial Institutions Struggle to Combat Rising Authorized Transfer Scams

According to InvestmentNews, financial institutions are increasingly grappling with authorized transfer scams as scammers become more adept at convincing individuals to transfer funds. Despite prioritizing resources to mitigate those scams, only 50 percent of financial institutions feel confident in their ability to detect and stop fraudulent activities.

Read More »

Morgan Stanley Settles Block Trade Investigations for $249 Million

Posted on July 18th, 2024 at 11:39 AM
Morgan Stanley Settles Block Trade Investigations for $249 Million

Morgan Stanley has agreed to pay $249.4 million to resolve criminal and civil investigations into its handling of large stock trades for customers, according to a recent story in The Wall Street Journal.

Read More »

FINRA Sanctions CFP for Sharing Exam Content

Posted on July 17th, 2024 at 1:40 PM
FINRA Sanctions CFP for Sharing Exam Content

The Financial Industry Regulatory Authority (FINRA) has fined Certified Financial Planner Joseph Occhipinti $5,000 and suspended him for one month for sharing CFP exam content with others.

Read More »

FINRA Bars Two Former Raymond James Advisors for Non-Cooperation in Investigations

Posted on July 16th, 2024 at 10:28 AM
FINRA Bars Two Former Raymond James Advisors for Non-Cooperation in Investigations

The Financial Industry Regulatory Authority (FINRA) has barred two former Raymond James financial advisors after they refused to cooperate with investigations into their departures from the St. Petersburg Florida-based firm, according to AdvisorHub.

Read More »

Salomon & Ludwin Sues Former Employees Despite Being a Protocol Move

Posted on July 15th, 2024 at 10:16 AM
Salomon & Ludwin Sues Former Employees Despite Being a Protocol Move

According to WealthManagement, a team of advisors has left Salomon & Ludwin (S&L), a registered investment advisor, to establish their own RIA, Founders Grove Wealth Partners, with backing from Dynasty Financial Partners.

Read More »

TESTIMONIALS

Previous
Next
Quotes Bigger

I want to thank you for your excellent professional representation. It was greatly appreciated.

Michael M.

LATEST NEWS AND ARTICLES

1791390362 Law
October 7, 2026
SEC Charges Investment Fund Operators in Alleged $8.7 Million Fraud Scheme

The Securities and Exchange Commission (SEC) has charged Christopher Kenji Dinelli and Jacob David "Kobe" Frankel with allegedly defrauding 35 investors of more than $8.7 million through Beyond Alpha Ventures LLC and investment advisory firm Beyond Equity LLC.

1791220249 Law
October 5, 2026
House Passes Bill to Restore Tax Deduction for Financial Fraud Victims

Victims of financial fraud may soon receive additional tax relief under legislation that overwhelmingly passed in the House of Representatives.

1790960250 Law
October 2, 2026
FINRA Arbitrators Award Schwab Client $1.34 Million in Cryptocurrency Scam Dispute

A Financial Industry Regulatory Authority (FINRA) Dispute Resolution Services arbitration panel awarded nearly $1.34 million in compensatory damages to a Charles Schwab & Co.