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Tagged with "eccleston"

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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SEC Awards Over $28 Million to Whistleblowers

Posted on January 12th, 2024 at 1:21 PM
SEC Awards Over $28 Million to Whistleblowers

The Securities and Exchange Commission (SEC) has granted awards totaling more than $28 million to seven individuals who played a pivotal role in a successful SEC enforcement action.

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Goldman Sachs Reports Garden Leave Violations on CRDs of Former PFM Advisors

Posted on January 11th, 2024 at 1:28 PM
Goldman Sachs Reports Garden Leave Violations on CRDs of Former PFM Advisors

Goldman Sachs has introduced further challenges for former advisors of its Personal Financial Management (PFM) unit who departed for competitors before the unit's sale to Creative Planning in November.

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LATEST NEWS AND ARTICLES

1783957061 Law
July 13, 2026
FINRA Warns of Growing Risks From Finfluencers and AI-Driven Investment Content

Financial Industry Regulatory Authority (FINRA) regulators are raising concerns about the increasing influence of social media personalities and artificial intelligence (AI) on retail investors, particularly those managing their own investments without professional guidance.

1783615970 Law
July 9, 2026
FINRA Suspends Former Branch Manager for Supervisory Failures Linked to Excessive Trading and Churning

A former regional branch manager at a broker-dealer has agreed to Financial Industry Regulatory Authority (FINRA) sanctions after the regulator found that he failed to supervise registered representatives who engaged in excessive trading and churning of customer accounts.

1783525964 Law
July 8, 2026
SEC Sanctions David Lerner Associates for Regulation Best Interest Violations

David Lerner Associates has agreed to settle Securities and Exchange (SEC) charges alleging violations of Regulation Best Interest (Reg BI) that resulted in unnecessary costs to retail investors, according to InvestmentNews.