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Tagged with "eccleston"

FINRA Suspends Former LPL Advisor for Signing on Partner's Behalf

Posted on December 4th, 2023 at 1:31 PM
FINRA Suspends Former LPL Advisor for Signing on Partner's Behalf

In a recent message underscoring the significance of ethical conduct, the Financial Industry Regulatory Authority (FINRA) has imposed a one-month suspension on a former LPL Financial advisor.

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SEC Investigation into JPMorgan's Advisory Account Aggregation

Posted on December 1st, 2023 at 11:58 AM
SEC Investigation into JPMorgan's Advisory Account Aggregation

The Securities and Exchange Commission (SEC) has launched two investigations that may affect the interests of advisors and clients of JPMorgan Chase & Co.

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FINRA Reveals Baird's $500K Shortfall in Mutual Fund Rebates to Clients

Posted on November 30th, 2023 at 1:36 PM
FINRA Reveals Baird's $500K Shortfall in Mutual Fund Rebates to Clients

Robert W. Baird & Co. has reached a settlement with the Financial Industry Regulatory Authority (FINRA) wherein they accepted a censure and committed to reimbursing more than $500,000 to clients who were overcharged for their mutual fund investments.

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Arbitration Mandated for Former Morgan Stanley Advisors' Class Claim on Deferred Compensation

Posted on November 28th, 2023 at 1:10 PM
Arbitration Mandated for Former Morgan Stanley Advisors' Class Claim on Deferred Compensation

A federal judge in Manhattan has granted Morgan Stanley’s request to transfer a potential class action lawsuit to arbitration.

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Wells Fargo Under SEC Scrutiny for Cash Sweep Programs

Posted on November 28th, 2023 at 9:47 AM
Wells Fargo Under SEC Scrutiny for Cash Sweep Programs

The Securities and Exchange Commission (SEC) is investigating Wells Fargo & Company over cash sweep options provided to investment advisory clients.

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FINRA Alleges $2 Million in Client Losses and $2 Million in Commissions Due to Advisor's Churning

Posted on November 22nd, 2023 at 12:08 PM
FINRA Alleges $2 Million in Client Losses and $2 Million in Commissions Due to Advisor's Churning

According to a Financial Industry Regulatory Authority (FINRA) complaint, Stewart "Paxton" Ginn excessively traded accounts over two and a half years, resulting in $2.22 million in losses and $2.24 million in commissions for him and his firm.

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SEC Charges Former Advisor with $2 Million Fraudulent Scheme

Posted on November 21st, 2023 at 1:56 PM
SEC Charges Former Advisor with $2 Million Fraudulent Scheme

The Securities and Exchange Commission (SEC) has announced the filing of charges against an investment adviser based in Santa Maria, California.

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The Classic 60-40 Investment Strategy Faces its Most Challenging Year in Decades

Posted on November 20th, 2023 at 11:40 AM
The Classic 60-40 Investment Strategy Faces its Most Challenging Year in Decades

Millions of Americans are experiencing disruption in their retirement planning due to rising interest rates and inflation.

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SEC Charges Prophecy Asset Management's President/CCO with Multi-Year Fraud Scheme

Posted on November 17th, 2023 at 2:15 PM
SEC Charges Prophecy Asset Management's President/CCO with Multi-Year Fraud Scheme

The Securities and Exchange Commission (SEC) has filed charges against John Hughes, who served as the president and chief compliance officer of registered investment adviser Prophecy Asset Management LP.

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New DOL Fiduciary Rule Takes Aim at Loopholes in Retirement Savings

Posted on November 16th, 2023 at 11:52 AM
New DOL Fiduciary Rule Takes Aim at Loopholes in Retirement Savings

The Department of Labor (DOL) unveiled its latest retirement security rule, which involves altering the definition of an investment advice fiduciary under the Employee Retirement Income Security Act (ERISA).

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TESTIMONIALS

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Thank You from the bottom of our hearts for all you have done for us. When we realized this was a very bad investment - we did not know where to turn for help. Then we received your name. When we called you - you were so kind to us and then agreed to help us. For this we are so very grateful. The world would be a much nicer place if there were more people like the two of you in it. We will always remember all the help and kindness you have shown us. Thank you so very very much for everything.

Wayne and Judy S.

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.