Tagged with "eccleston"

SEC Wants to Add 83 Examiners

Posted on July 21st, 2023 at 1:22 PM
SEC Wants to Add 83 Examiners

The Appropriations Committee appropriated $2.4 billion to the Securities and Exchange Commission (SEC), $194 million more than the fiscal year 2023 enacted level and close to $73 million less than the budget request.

Read More »

Oklahoma Adopts Best Interest Annuity Rule

Posted on July 20th, 2023 at 1:14 PM
Oklahoma Adopts Best Interest Annuity Rule

Oklahoma joins 39 other states including Illinois, Georgia, Washington, Florida, Tennessee, Kansas, Oregon, and Wyoming by finalizing a best-interest rule for annuities.

Read More »

Silver Star Properties REIT Investigated by SEC

Posted on July 19th, 2023 at 1:15 PM
Silver Star Properties REIT Investigated by SEC

Silver Star Properties REIT Inc. received notice of an investigation by the Securities and Exchange Commission.

Read More »

First Republic Deal Adds $151 Billion to JP Morgan’s Wealth Assets

Posted on July 18th, 2023 at 3:52 PM
First Republic Deal Adds $151 Billion to JP Morgan’s Wealth Assets

JPMorgan Chase & Co.’s acquisition of First Republic Bank will add $150.9 billion of client assets to JPMorgan’s wealth segment in its Consumer & Community Banking division, according to the company’s earnings report.

Read More »

UBS Agrees to Settle Class-Action Municipal Bonds Suit for 2.5 million

Posted on July 17th, 2023 at 9:08 AM
UBS Agrees to Settle Class-Action Municipal Bonds Suit for 2.5 million

In the case Goodman v. UBS Financial Services, 21-cv-18123, U.S. District Court, New Jersey, a federal judge in New Jersey gave preliminary approval to UBS Financial Services’ $2.5 million deal on Wednesday.

Read More »

FINRA Bars Illinois Advisor for Failing to Disclose Private Securities Transactions

Posted on July 17th, 2023 at 8:51 AM
FINRA Bars Illinois Advisor for Failing to Disclose Private Securities Transactions

The Financial Industry Regulatory Authority (FINRA) has barred an Illinois-based representative, David R. Geake, due to allegations of soliciting an elderly couple to invest in a startup he was involved with.

Read More »

SEC to Implement New Rules for Money-Market Mutual Funds, Potentially Clashing with Industry Giants

Posted on July 13th, 2023 at 11:18 AM
SEC to Implement New Rules for Money-Market Mutual Funds, Potentially Clashing with Industry Giants

The US Securities and Exchange Commission (SEC) is preparing to enforce a series of new regulations on money-market mutual funds, potentially leading to a confrontation with major players in the $5.5 trillion industry.

Read More »

FINRA Bars Former Wells Fargo Broker for Non-Cooperation in Investigation

Posted on July 12th, 2023 at 11:45 AM
FINRA Bars Former Wells Fargo Broker for Non-Cooperation in Investigation

The Financial Industry Regulatory Authority (FINRA) has barred Brad M. Jacobson, a former broker at Wells Fargo Advisors and a 17-year wirehouse veteran, due to his failure to cooperate with an investigation into his termination.

Read More »

FINRA Reports $218 Million Net Loss in 2022; CEO Compensation Surges by 11.5%

Posted on July 11th, 2023 at 11:42 AM
FINRA Reports $218 Million Net Loss in 2022; CEO Compensation Surges by 11.5%

According to its annual report, the Financial Industry Regulatory Authority (FINRA) reported a net loss of $218.1 million in 2022, compared to a net profit of $218.8 million in 2021.

Read More »

FINRA Penalizes Hightower Securities with $353,000 Fine & Restitution for Violations in Alternative Fund Sales

Posted on July 10th, 2023 at 11:46 AM
FINRA Penalizes Hightower Securities with $353,000 Fine & Restitution for Violations in Alternative Fund Sales

The Financial Industry Regulatory Authority (FINRA) has censured Hightower Securities, the broker-dealer for Hightower Advisors, a Chicago-based advisory firm.

Read More »

TESTIMONIALS

Previous
Next

Jim, Stephany and the whole team were a God send.  We felt like we were put into a situation where we had no advocate. Jim’s team came in with a strong, well laid out strategy on how to get our story heard. Where our outside compliance company had no ability to help, our Broker Dealer was impenitent, and the regulators were aggressive pursuing vague rules, Jim came like a barricade against an assault we did not understand. Though you pay member dues to be affiliated with FINRA and a B/D, you have no voice. The only thing that is truly heard in this un-level playing field is a bulldog’s bark like Jim’s. I would encourage anyone to call Jim and his team to find a real ally in the tough and complicated world of securities regulation. They are truly the best.

Greg P.

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.