Tagged with "eccleston"

FINRA Updates Sanction Guidelines by Eliminating Suggested Fine Cap

Posted on October 18th, 2022 at 2:19 PM
FINRA Updates Sanction Guidelines by Eliminating Suggested Fine Cap

The Financial Industry Regulatory Authority (FINRA) has updated its sanction guidelines used to determine the level of fines or penalties to impose on firms and their financial advisors. 

Read More »

SEC Charges 16 Financial Advisory Firms Over Recordkeeping Failures

Posted on October 17th, 2022 at 1:20 PM
SEC Charges 16 Financial Advisory Firms Over Recordkeeping Failures

The Securities and Exchange Commission (SEC) has charged 16 financial advisory firms over widespread failures by the firms and their employees to preserve electronic communications. 

Read More »

FINRA Suspends Former Morgan Stanley Advisor Over Unauthorized Trading and Texting

Posted on October 14th, 2022 at 1:05 PM
FINRA Suspends Former Morgan Stanley Advisor Over Unauthorized Trading and Texting

The Financial Industry Regulatory Authority (FINRA) has issued a two-month suspension and a $10,000 fine to a former Morgan Stanley advisor to settle claims pertaining to unauthorized trading and improper use of a personal phone to text clients. 

Read More »

SEC Charges Real Estate Developer with Fraud

Posted on October 13th, 2022 at 12:57 PM
SEC Charges Real Estate Developer with Fraud

The Securities and Exchange Commission (SEC) has charged a Texas-based real estate developer and two other individuals for operating a fraudulent real estate investment offering that generated at least $26 million from nearly 100 investors. 

Read More »

SEC Bars Merrill Manager For Defrauding Client

Posted on October 12th, 2022 at 3:46 PM
SEC Bars Merrill Manager For Defrauding Client

The Securities and Exchange Commission (SEC) has barred an Annapolis, Maryland-based Merrill Lynch managed for defrauding a client from 2016 to 2020. 

Read More »

SEC Fines Raymond James $500,000 Over Supervisory Failures

Posted on October 11th, 2022 at 2:04 PM
SEC Fines Raymond James $500,000 Over Supervisory Failures

The Securities and Exchange Commission (SEC) has imposed a $500,000 fine on Raymond James over its alleged supervisory failures related to a former Tennessee-based advisor. 

Read More »

SEC Charges Former Business News Commentator with Misappropriation of Client Funds

Posted on October 10th, 2022 at 2:59 PM
SEC Charges Former Business News Commentator with Misappropriation of Client Funds

The Securities and Exchange Commission (SEC) has charged James McDonald and his financial advisory firm, Hercules Investments, in connection with two fraudulent securities offerings. 

Read More »

SEC Charges Chicago Advisor Who Allegedly Misappropriated $683,000 of Investor Funds

Posted on October 7th, 2022 at 1:08 PM
SEC Charges Chicago Advisor Who Allegedly Misappropriated $683,000 of Investor Funds

The Securities and Exchange Commission (SEC) has charged a Chicago-based advisor who allegedly misappropriated $683,000 of investor funds. 

Read More »

Waddell & Reed Ordered to Pay $776,000 Over Reverse Churning

Posted on October 6th, 2022 at 2:48 PM
Waddell & Reed Ordered to Pay $776,000 Over Reverse Churning

Waddell & Reed has agreed to pay nearly $776,000 to settle charges of misconduct over one of its wrap fee programs, according to the Securities and Exchange Commission (SEC). 

Read More »

Sparkster Ordered to Pay $35 Million Over Unregistered Crypto Asset Offering

Posted on October 5th, 2022 at 1:06 PM
Sparkster Ordered to Pay $35 Million Over Unregistered Crypto Asset Offering

The Securities and Exchange Commission (SEC) has issued a cease-and-desist order against Sparkster and its CEO, Sajjad Daya, over an unregistered crypto asset offering that spanned from April 2018 through July 2018.

Read More »

TESTIMONIALS

Previous
Next

You were most helpful with my FINRA deposition. You are a good lawyer and a good person.

Dan B.

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.