Tagged with "eccleston"

FINRA Releases 2023 Report on Its Examination and Risk Monitoring Program

Posted on January 26th, 2023 at 3:39 PM
FINRA Releases 2023 Report on Its Examination and Risk Monitoring Program

The Financial Industry Regulatory Authority (FINRA) recently released its 2023 Report on FINRA’s Examination and Risk Monitoring Program.

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J.P. Morgan Accuses Advisor Of Improperly Transferring Clients to Morgan Stanley in His Transition

Posted on January 25th, 2023 at 2:10 PM
J.P. Morgan Accuses Advisor Of Improperly Transferring Clients to Morgan Stanley in His Transition

J.P. Morgan has asked a court for a temporary injunction to stop a former advisor from transferring clients during his transition to his new firm, Morgan Stanley. 

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SEC Charges Samuel Bankman-Fried With Using FTX To Defraud Crypto Investors

Posted on January 24th, 2023 at 2:57 PM
SEC Charges Samuel Bankman-Fried With Using FTX To Defraud Crypto Investors

The Securities and Exchange Commission (SEC) has charged Samuel Bankman-Fried with operating a scheme to defraud equity investors in FTX Trading Ltd. 

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FINRA Expands Enforcement Priorities For 2023

Posted on January 23rd, 2023 at 1:08 PM
FINRA Expands Enforcement Priorities For 2023

The Financial Industry Regulatory Authority (FINRA) has announced a plan to expand its enforcement priorities in 2023 to include new areas of focus. 

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New CFP Board Chair Plans to Release New Sanction Guidelines by Midyear

Posted on January 20th, 2023 at 2:04 PM
New CFP Board Chair Plans to Release New Sanction Guidelines by Midyear

The new Certified Financial Planner Board of Standards (CFP Board) chair, Daniel Moisand, has announced a plan to release revised sanction guidelines for public comment by midyear. 

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Genesis Global Capital Prepares to File for Bankruptcy

Posted on January 19th, 2023 at 2:04 PM
Genesis Global Capital Prepares to File for Bankruptcy

Genesis Global Capital is preparing to file for bankruptcy as soon as this week, according to sources interviewed by Bloomberg News. 

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Proposal to Prohibit Non-Compete Clauses May Impact Mergers and Acquisitions of RIAs

Posted on January 18th, 2023 at 3:06 PM
Proposal to Prohibit Non-Compete Clauses May Impact Mergers and Acquisitions of RIAs

A federal prohibition on noncompete clauses may impact future mergers and acquisitions of investment advisory firms as well as how financial advisors transfer to new firms. 

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SEC Charges Creator of CoinDeal Crypto Scheme and Seven Others Over $45 Million Fraud

Posted on January 17th, 2023 at 1:57 PM
SEC Charges Creator of CoinDeal Crypto Scheme and Seven Others Over $45 Million Fraud

The Securities and Exchange Commission (SEC) has changed Neil Chandran, Garry Davidson, Michael Glaspie, Amy Mossel, Linda Knott, AEO Publishing Inc, Banner Co-Op, Inc, and BannersGo, LLC for their involvement in a fraudulent investment scheme known as CoinDeal, which raised at least $45 million from sales of unregistered securities.

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SEC Charges Former SPAC CFO For Misappropriating Nearly $5 Million

Posted on January 16th, 2023 at 2:39 PM
SEC Charges Former SPAC CFO For Misappropriating Nearly $5 Million

The Securities and Exchange Commission (SEC) has changed the former CFO of African Gold Acquisition Corp., a special purpose acquisition company (SPAC), for misappropriating at least $5 million from the company and investors in two other SPACs that he had incorporated. 

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Coinbase Agrees to $100 Million Settlement With New York Regulators

Posted on January 13th, 2023 at 12:27 PM
Coinbase Agrees to $100 Million Settlement With New York Regulators

Coinbase Global Inc., has agreed to a $100 million settlement with New York Regulators over allegations that the cryptocurrency exchange permitted customers to open accounts without conducting adequate background checks. 

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I want to extend a tremendous thank you for your dedication, professionalism, hard work and patient demeanor through this challenging time. It was enjoyable interacting with everyone on your team, this certainly helped while dealing with the situation and working towards resolution.

Dan M.

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.