Tagged with "eccleston"

FINRA Suspends Former Morgan Stanley Advisor Over Unauthorized Trades

Posted on December 6th, 2022 at 2:10 PM
FINRA Suspends Former Morgan Stanley Advisor Over Unauthorized Trades

The Financial Industry Regulatory Authority (FINRA) has issued a 20-day suspension and a $6,000 fine to a former Morgan Stanley advisor for allegedly completing several unauthorized trades. 

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Prager Metis Becomes First CPA Firm Involved With FTX Scam

Posted on December 5th, 2022 at 1:05 PM
Prager Metis Becomes First CPA Firm Involved With FTX Scam

Prager Metis becomes the first CPA firm to open a Metaverse headquarters in the metaverse platform Decentraland. 

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Former J.P. Morgan Advisor Agrees to FINRA Bar

Posted on December 2nd, 2022 at 1:19 PM
Former J.P. Morgan Advisor Agrees to FINRA Bar

A former J.P. Morgan advisor has agreed to an industry bar instead of cooperating with the Financial Industry Regulatory Authority’s (FINRA’s) investigation into several allegations of excessive and unauthorized trading that generated nearly $100 million worth of client complaints.

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BlockFi Files for Bankruptcy as FTX and Star Endorsers Named in Lawsuit

Posted on December 1st, 2022 at 3:13 PM
BlockFi Files for Bankruptcy as FTX and Star Endorsers Named in Lawsuit

BlockFi had paused client withdrawals due to uncertainties with FTX, as the two are closely tied together.

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FINRA Amends and Delays Expungement Rule Proposal

Posted on November 22nd, 2022 at 1:51 PM
FINRA Amends and Delays Expungement Rule Proposal

The Financial Industry Regulatory Authority (FINRA) once again has amended and delayed a proposed rule change designed to tighten the process for advisors to expunge client complaints from their records. 

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FINRA Fines Wedbush Securities $850,000 For Allegedly Falsifying Client Statements

Posted on November 21st, 2022 at 2:12 PM
FINRA Fines Wedbush Securities $850,000 For Allegedly Falsifying Client Statements

The Financial Industry Regulatory Authority (FINRA) has fined Wedbush Securities $850,000 to settle allegations that the firm falsified monthly client statements for five years.

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UBS Seeks Injunction Against $8 Million Indiana RBC Team

Posted on November 18th, 2022 at 1:14 PM
UBS Seeks Injunction Against $8 Million Indiana RBC Team

UBS Wealth Management has asked a federal court to issue a temporary restraining order (TRO) against an $8 million team that departed to RBC Wealth Management in Indianapolis, Indiana. 

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CFP Board Suspends Oklahoma Planner Gregory Womack

Posted on November 17th, 2022 at 1:20 PM
CFP Board Suspends Oklahoma Planner Gregory Womack

The Certified Financial Planner Board of Standards (CFP Board) has issued an interim suspension to Gregory Womack, who operates Womack Investment Advisors in Edmond, Oklahoma.

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SEC Charges Creator of Global Crypto Ponzi Scheme and Three U.S. Promoters Over $295 Million Fraud

Posted on November 16th, 2022 at 2:51 PM
SEC Charges Creator of Global Crypto Ponzi Scheme and Three U.S. Promoters Over $295 Million Fraud

The Securities and Exchange Commission has charged Douver Braga, Joff Paradise, Keleionalani Taylor, and Jonathan Tetrault for their roles in Trade Coin Club, which was a fraudulent Ponzi scheme that raised nearly $295 million from over 100,000 investors worldwide. 

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FINRA Releases Regulatory Notice Urging Advisors To Prepare Succession Plans

Posted on November 15th, 2022 at 1:12 PM
FINRA Releases Regulatory Notice Urging Advisors To Prepare Succession Plans

The Financial Industry Regulatory Authority (FINRA) is urging financial advisors to establish a succession plan incase of unexpected life events as an increased number of advisors near retirement.

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TESTIMONIALS

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I learned two important things working with Eccleston Law. First, I made a friend and ally with Jim and Steph for life. Secondly, and this is a crucial life lesson - if you need counsel, then seek out the very best. Jim was referred to me by a most trusted source. I've never had to hire an attorney for anything. Now, I know the value of hiring an important partner. Meticulous, thorough and detailed in preparation is the best way to describe Jim. Brilliant too, I might add. Bottom line, I would highly highly recommend Jim and Stephany for your legal needs. One of the best life decisions I've ever made.

Howard S.

LATEST NEWS AND ARTICLES

February 12, 2026
CFTC Signals New Rulemaking for Prediction Markets and Crypto Oversight

The Commodity Futures Trading Commission (CFTC) plans to develop new regulations governing the growing prediction markets industry, Chairman Michael Selig announced, signaling a shift in regulatory strategy.

February 11, 2026
Ameriprise Advisor Phishing Incident Potentially Exposes Client Data

A phishing incident involving an Ameriprise Financial advisor potentially exposed the personal information of hundreds of clients, according to a disclosure posted by the Maine Attorney General’s office.

February 10, 2026
Merrill Lynch Expands Client Disclosures on Crypto and AI Risks

Merrill Lynch updated its required client disclosure brochure to address, for the first time, the evolving risks tied to cryptocurrency-linked investments and the firm’s expanding use of Artificial Intelligence tools.