Tagged with "eccleston"

SEC Charges Son and Father-in-Law Who Targeted Church Members in $20 Million Fraud

Posted on May 8th, 2023 at 1:22 PM
SEC Charges Son and Father-in-Law Who Targeted Church Members in $20 Million Fraud

The Securities and Exchange Commission (SEC) has charged Brett Bartlett and his father-in-law, Scott Miller, along with their companies over fraudulent securities offerings that generated nearly $20.5 million. 

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BREIT Limits Redemption Requests for Sixth Consecutive Month

Posted on May 5th, 2023 at 1:25 PM
BREIT Limits Redemption Requests for Sixth Consecutive Month

Blackstone Real Estate Income Trust Inc. has announced that the company limited redemption requests again last month raising concerns among some investors and industry participants. 

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Stifel Fined $2.5 Million After Advisor Charged Excessive Fees to Seniors and a Church

Posted on May 4th, 2023 at 1:24 PM
Stifel Fined $2.5 Million After Advisor Charged Excessive Fees to Seniors and a Church

Massachusetts’ top securities regulator, William Galvin, has ordered Stifel, Nicolaus & Co. to pay $2.5 million for failing to supervise an advisor’s questionable trades, which charged excessive and unauthorized fees to several senior clients, nonprofits, and a church.

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Former Cetera Advisor Wins $500,000 Arbitration Award Over Failed M&A Deal

Posted on May 3rd, 2023 at 1:13 PM
Former Cetera Advisor Wins $500,000 Arbitration Award Over Failed M&A Deal

A Financial Industry Regulatory Authority (FINRA) arbitration panel has awarded nearly $500,000 to a former Cetera Financial Group advisor, Betsy Jo Merritt, after an agreement to sell her branch fell through.

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Raymond James and Two Financial Advisors Win $16.4 Million Arbitration Award Against Deutsche Bank

Posted on May 2nd, 2023 at 2:01 PM
Raymond James and Two Financial Advisors Win $16.4 Million Arbitration Award Against  Deutsche Bank

A Financial Industry Regulatory Authority (FINRA) arbitration panel has ordered Deutsche Bank to pay $16.4 million to Raymond James and two financial advisors in a dispute regarding fees.

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Top-Ranked UBS Advisor in Las Vegas Wins Expungement With Help From Client

Posted on May 1st, 2023 at 1:29 PM
Top-Ranked UBS Advisor in Las Vegas Wins Expungement With Help From Client

A top-ranked Las Vegas-based UBS financial advisor has prevailed in his expungement hearing with the help of the customer who initially had filed the complaint. 

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Prudential Improperly Collected Life Insurance Premiums and Informed Claimants They Were Ineligible

Posted on April 28th, 2023 at 12:44 PM
Prudential Improperly Collected Life Insurance Premiums and Informed Claimants They Were  Ineligible

The Department of Labor (DOL) has agreed to a settlement with Prudential after the insurer improperly collected life insurance premiums from customers and subsequently denied coverage claiming ineligibility.

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SEC Releases Final Reg BI Staff Bulletin Addressing Duty of Care

Posted on April 27th, 2023 at 1:45 PM
SEC Releases Final Reg BI Staff Bulletin Addressing Duty of Care

The Securities and Exchange Commission (SEC) recently published a final staff bulletin on Regulation Best Interest (Reg BI), this time highlighting the “duty of care”, with the goal of definitively outlining financial advisors’ ethical responsibilities. 

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These Two State Regulators Serve as Financial Markets’ Primary First Responders

Posted on April 26th, 2023 at 1:35 PM
These Two State Regulators Serve as Financial Markets’ Primary First Responders

Two state securities regulators frequently stand out as “First Responders.”

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SEC Charges Betterment For Misstatements Regarding Tax Loss Harvesting Service

Posted on April 25th, 2023 at 1:20 PM
SEC Charges Betterment For Misstatements Regarding Tax Loss Harvesting Service

The Securities and Exchange Commission (SEC) has charged Betterment LLC for material misstatements and omissions regarding its automated tax loss harvesting services (TLH). 

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If you are being bothered by the Regulators, call Eccleston Law, you won't regret it.

Rick R.

LATEST NEWS AND ARTICLES

January 16, 2026
SEC Signals Sweeping IPO Rule Changes to Ease Path for Smaller Companies

The Securities and Exchange Commission (SEC) plans to overhaul its public offering framework to make it easier for smaller companies to access the public markets, according to remarks SEC Chairman Paul Atkins delivered at the New York Stock Exchange, as reported by Bloomberg Law.

January 15, 2026
FINRA Flags Risks of Early Withdrawals and Exchanges in Registered Index-Linked Annuities

The Financial Industry Regulatory Authority (FINRA) has issued a renewed warning to the industry about the risks consumers face when they exit registered index-linked annuities (RILAs) before the end of the contract term.

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.