ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND"

Transcription

1 ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: CASE NO VIATICAL CAPITAL, INC. and VIATICAL FUNDING, INC. and VIATICAL FUNDING, L.L.C.: ##01, 02, 03, 06, 07, 09, 12, 14, 19 #HY-20 ##GC-07, GC-09, GC-GC-16, GC-17 and C. DOUGLAS YORK, Individually and as Principal of Viatical Capital, Inc. and Viatical Funding, Inc. and ROBERT COYNE, Individually and as Principal of Viatical Funding, Inc. and LIFE INVESTMENT FUNDING ENTERPRISES, INC. and J. PATRICK BRYAN Respondents.

2 AMENDED FINAL ORDER TO CEASE AND DESIST AND ORDER OF BAR AS TO RESPONDENTS YORK AND COYNE WHEREAS, the Maryland Securities Commissioner (the Securities Commissioner ), pursuant to the authority granted in Section of the Maryland Securities Act, Md. Ann. Code, Corps. & Ass ns (1999 Repl. Vol. & Supp. 2004) (the Securities Act ), initiated an investigation into the activities of Viatical Capital, Inc. ( Viatical Capital ), Viatical Funding, Inc. ( Viatical Funding ), a series of limited liability companies known as the Viatical Funding L.L.C.s (numbered and set forth above), Life Investment Funding Enterprises, Inc. ( LIFE ), as well as the principals of those organizations, C. Douglas York, Robert Coyne (collectively, the Respondents ), and as to J. Patrick Bryan ( Bryan ); and WHEREAS, based on the information presented by the Maryland Division of Securities (the Securities Division ) at that time, the Securities Commissioner concluded that Respondents York and Coyne, and Bryan, engaged in acts or practices constituting violations of the Act; and WHEREAS, on or around September 11, 2003, the United States Securities and Exchange Commission filed a lawsuit in the United States District Court for the Middle District of Florida and obtained a temporary restraining order, asset freeze and other relief, including the appointment of a receiver, against various Defendants including Viatical Capital, York and Coyne; and WHEREAS, on September 23, 2003, the Securities Commissioner, pursuant to the authority granted by Section of the Securities Act, issued against Respondents a Summary Order To Cease And Desist/Order To Show Cause (the Summary Order ) why a final order should not - 2 -

3 be issued permanently barring Respondents and Bryan from the securities and investment advisory business in Maryland, assessing monetary penalties, and ordering Respondents and Bryan to cease and desist from further violation of Sections , , , and of the Securities Act; and WHEREAS, the Summary Order gave Respondents notice of the opportunity for a hearing in this matter, provided that Respondents submitted within fifteen (15) days of service of the Summary Order an answer, including any request for a hearing, and notice that their failure to do so would be deemed a waiver of the right to a hearing and result in the entry of a final order; and WHEREAS, a copy of the Summary Order was served upon Respondents and upon the Securities Commissioner in accordance with Section of the Act; and WHEREAS, the Securities Division received a letter from Viatical Capital s receiver, acknowledging receipt of the Summary Order; and WHEREAS, the copies of the Summary Order, as sent to Respondents York and Coyne, were returned unclaimed; and WHEREAS, Respondents York and Coyne failed to submit any answer to the Summary Order, nor did they make any written request for a hearing; and WHEREAS, on February 24, 2004, the Securities Commissioner issued a Final Order To Cease And Desist And Order Of Bar As To Respondents York, Coyne And Bryan (the Final Order ), see Ex. A; and WHEREAS, subsequently, the Securities Commissioner obtained a response to the Summary Order from Bryan; and WHEREAS, based on information provided by Bryan, on December 16, 2004, the Securities - 3 -

4 Commissioner issued a Consent Order as to Bryan (the Consent Order ), see Ex. B; and WHEREAS, by the terms of the Consent Order, the Securities Commissioner vacated -- as to Bryan only -- the Final Order that she issued against him on February 24, 2004; and WHEREAS, the Final Order contained certain non-substantive clerical errors that are corrected by this order; and WHEREAS, in light of those errors and Bryan s Consent Order, the Securities Commissioner has determined that it is in the public interest to enter this Amended Final Order To Cease And Desist And Order Of Bar As To Respondents York And Coyne. NOW, THEREFORE, IT IS HEREBY FOUND, CONCLUDED AND ORDERED, AS TO RESPONDENTS YORK AND COYNE ONLY, THAT: I. JURISDICTION 1. The Securities Commissioner has jurisdiction in this proceeding pursuant to Section of the Securities Act. II. RESPONDENTS 2. VCI is an active Florida corporation with a principal place of business located 1605 Main Street, Suite 1109, Sarasota, Florida Viatical Funding is an inactive Florida corporation with a principal place of business located at 677 N. Washington Boulevard, Suite C-2, Sarasota, Florida

5 4. The Viatical Funding L.L.C.s are Nevada limited liability companies, each with a principal place of business located at 310 Carson Street, Carson City, NV LIFE is a Nevada corporation with a principal place of business located in Sarasota, Florida. 6. York and Coyne are principals of Viatical Funding. 7. Viatical Capital is the managing member of each of the Viatical Funding L.L.C.s. 8. On information and belief, York and Coyne are residents of the State of Florida. 9. Respondents are not registered in Maryland as broker-dealers or broker-dealer agents or investment advisers or investment adviser representatives. III. STATEMENT OF FACTS 10. According to Viatical Funding s literature, the company was organized for the purpose of purchasing life insurance policies at various discounts, a process known in the securities and insurance industries as a viatical settlement. 11. Viatical Funding purported to specialize in viatical settlement investments by creating limited liabilities companies the Viatical Capital L.L.C.s that purchased life insurance policies of the terminally ill, and by selling interests in those companies to investors. 12. Each Viatical Capital L.L.C. was set up with approximately 200 voting membership interests and a maximum of around 22 non-voting memberships. Viatical Capital held a 10% nonvoting membership in each L.L.C. in exchange for services rendered. 13. Prospective investors were told that by investing in a Viatical Capital L.L.C., their - 5 -

6 principal and profits were guaranteed. Agents emphasized to investors that they would make abovemarket rates of returns. 14. Respondents required investors to sign an operating agreement to make an L.L.C. investment. The Operating Agreement provided that the L.L.C. shall be managed by its Members. However, it further called for the selection of two or more members to serve as Operating Managers to handle the L.L.C.s day to day administration. 15. While the Operating Agreement suggested that the L.L.C.s members at large were empowered to conduct business on behalf of the L.L.C.s, that did not occur. Prior experience in the viatical settlement business was not a pre-requisite to investing, and generally investors were not qualified to manage the business, nor did they have intentions of managing the business. Furthermore, the L.L.C.s primary offices were located in Nevada, making it difficult if not impossible for investors located in other states to participate in the L.L.C.s business activities. 16. Respondents claimed to require a minimum $200,000 net worth for investors to participate. That minimum did not qualify investors as accredited per the uniform definition of that term in the securities industry. Nor was there any genuine requirement that investors be sophisticated. 17. Many investors purchased Viatical Capital L.L.C.s for the purpose of funding their retirement accounts. Respondents, through their agents, directed investors to use Retirement Accounts, Inc., an unaffiliated custodial service located in Colorado, to set up their self-directed IRAs. 18. Neither Respondents nor their agents provided investors with full disclosure regarding vital information pertaining to Respondents. Investors did not receive financial information - 6 -

7 regarding the L.L.C.s, nor were they provided with Respondents disciplinary history, or with the disciplinary history of Respondents agents. Respondents Offered And Sold Securities In Maryland 19. Respondents employed more than five unregistered Maryland-based agents, including one with disciplinary history, Paul Hauf, to offer and sell Viatical Capital L.L.C.s to investors, including Maryland residents. 20. Between 1997 and 2001, Maryland investors purchased more than $400,000 in the Viatical Capital L.L.C.s. Investors were led to believe that the investments were safe and secure and that they would enjoy above-market rates of return on their investments. Certain Respondents Failed To Disclose Their Disciplinary History Or The Disciplinary History Of Their Agents 21. In 1999, the Washington Department of Financial Institutions, Securities Division, issued an Order To Cease And Desist against VCI. The company was ordered to cease and desist from acting as an unregistered broker-dealer or from offering unregistered securities, and from violating the antifraud provisions of the Securities Act of Washington. 22. In 2001, the Ohio Division of Securities issued a Consent Order against VCI for the sale of the unregistered L.L.C.s, which were sold through unregistered salespersons. VCI was ordered to cease and desist from further violations of Ohio securities laws, including making misrepresentations of material fact regarding the investments. 23. In 2002, the Minnesota Department of Commerce took action against VCI for engaging in unlicensed activity in the offer and sale of unregistered and non-exempt viatical settlement partnership interests in violation of Minnesota Securities laws. VCI agreed to a consent - 7 -

8 order and to cease and desist from further unregistered activities. 24. On December 23, 1996, the Securities Commissioner issued a Consent Order against Paul Hauf, one of VCI s agents, barring him from the securities and investment advisory business in Maryland in connection with alleged abusive sales practices in the securities business. Later, in late 1999, Hauf was the subject of a court-ordered permanent injunction and an administrative order, further barring him from the securities and investment advisory business in connection with the offer and sale of unregistered, non-exempt promissory note investments. LIFE and the Asset Purchase Proposal 25. In late 2002, Respondents began soliciting investors to vote for the approval of a plan for LIFE to purchase the Viatical Capital L.L.C.s assets. According to Respondents, if a majority of investors approved of the plan, it would provide a path to liquidity for all [Viatical Capital L.L.C.] members/managers. 26. According to Respondents, liquidity would ensue from LIFE s purchase of the Viatical Capital L.L.C.s assets in exchange for LIFE s preferred and common stock, which would be distributed to investors. The asset purchase plan was pending final approval by the Securities and Exchange Commission. 27. Respondents advised investors that if they approved of the asset purchase plan, it would provide the potential of increasing the value of your investment based on market multiples and the economies of scale available to a public company. According to Respondents, the value of your shares will be based on all of the assets, including the full face value of all policies in your L.L.C., with no reduction for any impaired policies To date, the SEC has not approved of the plan for LIFE to purchase the Viatical - 8 -

9 Capital L.L.C.s assets. No Securities Registration Or Exemption 29. The Securities Division has no record of an application for securities registration or claim of securities exemption or qualification as a federal covered security under the name Viatical Capital, Viatical Funding or any other variation beginning with Viatical. Nor does the Securities Division have any record of securities registration or claim of securities exemption or qualification as a federal covered security under the name: LIFE or Life Investment Funding Enterprises. Furthermore, in the Securities Division s view the foregoing offerings did not qualify for any securities exemptions under Maryland law. IV. FINDINGS OF FACT AND CONCLUSIONS OF LAW 30. Respondents York and Coyne, in connection with the offer and sale of securities, violated the Maryland Securities Act, Sections (1), (2) and (3) (fraud in the offer and sale of securities), (fraud in investment advisory activities), (unregistered broker-dealer agent and investment advisory activities), (employment of unregistered agents), and (offer and sale of unregistered, non-exempt securities that are not federal-covered securities). ORDER NOW, THEREFORE, IT IS HEREBY ORDERED that Respondents York and Coyne are permanently barred from the securities and investment advisory business in Maryland, in that those Respondents may not participate in securities or investment advisory business in Maryland, including - 9 -

10 but not limited to the offer, sale or issuance or the giving of advice regarding promissory notes, stocks, bonds, investment contracts and all other instruments that qualify as securities; and it is further ORDERED, that Respondents York and Coyne cease and desist from further violation of Sections (1), (2) and (3), , , and of the Securities Act; and it is further ORDERED, that each Respondents York and Coyne are assessed a monetary penalty of $25,000; and it is further ORDERED, that these penalties are effective as of February 24, 2004, the date of the Final Order To Cease And Desist And Order Of Bar As To Respondents York, Coyne and Bryan. SO ORDERED: DATED:, 2005 Melanie Senter Lubin Securities Commissioner G:\teweyj\WPDATA\LIFE\FINAL.ORDER.first.amended.wpd

11 - 11 -

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND FINAL ORDER TO CEASE & DESIST ORDER OF BAR

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND FINAL ORDER TO CEASE & DESIST ORDER OF BAR ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * CASE NO. 2004-0550 MARTIN J. BEESON D/B/A * MID-ATLANTIC ESTATE PLANNING, INC.. * Respondent. * * * * FINAL

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND. PARIS G. MILLS * Case No. 2008-0384 ORDER TO SHOW CAUSE

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND. PARIS G. MILLS * Case No. 2008-0384 ORDER TO SHOW CAUSE ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * PARIS G. MILLS * Case No. 2008-0384 and * CREDIT SOLUTION AND FINANCIAL * SERVICES, INC. * Respondents. * *

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND CONSENT ORDER

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND CONSENT ORDER ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * OAH Case No. OAG-SD-50-35471 MARYLAND RETIREMENT SERVICES, * SD Case No. 2008-0179 INC. * Respondent. * * *

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * FCE INVESTMENTS.COM, * FIRST CASH EXPRESS, INC. * (dba FIRSTCASHEXPRESS.com), * Securities Division No. 2007-0337

More information

SUMMARY ORDER TO CEASE AND DESIST ORDER TO SHOW CAUSE

SUMMARY ORDER TO CEASE AND DESIST ORDER TO SHOW CAUSE ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * No. 2011-0128 BEATE M. BRANDL * Respondent. * * * * * * * * * * * * * * SUMMARY ORDER TO CEASE AND DESIST ORDER

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * ASIA PACIFIC ENERGY INC. * TRAVIS ARMSTRONG * GLOBAL PARTNERS CAPITAL * Securities Division No. 2007-0126 GERARD

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND WOLVERINE ENERGY, L.L.C., * FILE NO. 2000-1065

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND WOLVERINE ENERGY, L.L.C., * FILE NO. 2000-1065 ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * WOLVERINE ENERGY, L.L.C., * FILE NO. 2000-1065 WOLVERINE ENERGY 1998-1999(A) * DEVELOPMENT COMPANY, L.L.C.,

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * MATTHEW A. KRIMM * Case No. 2015-0120 and * KRIMM FINANCIAL SERVICES, LLC * and * ADAM DUSO * and * KAIROS CAPITAL

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * SOLID AD SOLUTIONS, LLC, * and * Case No. 2010-0376 CHRISTOPHER LEWALLEN, * Respondents. * * * * * * * * * *

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND ORDER TO SHOW CAUSE

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND ORDER TO SHOW CAUSE ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * MARK A. FULLER * CASE NO. 2008-0001 and * WEALTH MANAGEMENT AND * MARKETING LLC * Respondents. * * * * ORDER

More information

ADMINISTRATIVE PROCEEDING BEFORE THE MARYLAND SECURITIES COMMISSIONER * * * * * * * * * * * * * ORDER TO SHOW CAUSE

ADMINISTRATIVE PROCEEDING BEFORE THE MARYLAND SECURITIES COMMISSIONER * * * * * * * * * * * * * ORDER TO SHOW CAUSE ADMINISTRATIVE PROCEEDING BEFORE THE MARYLAND SECURITIES COMMISSIONER IN THE MATTER OF: * Aurora Investment Management Group LLC * File No.: 2015-0069 and * Ronald F. McDonald III, CRD # 2385464 * Respondents

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND CONSENT ORDER

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND CONSENT ORDER ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * Arnold M. Hecht * Case No. 2009-0304 Respondent. * * * * CONSENT ORDER WHEREAS, the Securities Division of the

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND * * * * * * * * * * * * * * ORDER TO SHOW CAUSE

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND * * * * * * * * * * * * * * ORDER TO SHOW CAUSE ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * The Greatest Virtual Office, LLC, * and * Sandra Kay Johnson, a.k.a. * Sandra Johnson Adaralegbe, * Respondents,

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND FINAL ORDER TO CEASE AND DESIST

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND FINAL ORDER TO CEASE AND DESIST ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * * COFFEE HEAVEN, LLC * Case No. 2006-0373 and * JAMES JAY CUMMINGS, * Respondents. * * * * * * * * * * * * *

More information

CONSENT ORDER (As to Respondents North America Marketing, LLC and TM Multimedia Marketing, LLC)

CONSENT ORDER (As to Respondents North America Marketing, LLC and TM Multimedia Marketing, LLC) ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: North America Marketing and Associates, LLC, and Case No. 2010-0279 TM Multimedia Marketing, LLC, and Kimberly

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND CONSENT ORDER

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND CONSENT ORDER ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * CASE NO. 2004-0551 FREEMAN OWEN * and * FINANCIAL SOURCES, INC. * Respondents. * * * * CONSENT ORDER WHEREAS,

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND * * * * * * * * * * * * * * ORDER TO SHOW CAUSE

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND * * * * * * * * * * * * * * ORDER TO SHOW CAUSE ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * Dream Marketing and SEO, Inc. * and Case No. 2013-0331 * Michael Dies * Respondents. * * * * * * * * * * * *

More information

ADMINISTRATIVE PROCEEDING BEFORE THE MARYLAND SECURITIES COMMISSIONER * * * * * * * * * * * * * CONSENT ORDER

ADMINISTRATIVE PROCEEDING BEFORE THE MARYLAND SECURITIES COMMISSIONER * * * * * * * * * * * * * CONSENT ORDER ADMINISTRATIVE PROCEEDING BEFORE THE MARYLAND SECURITIES COMMISSIONER IN THE MATTER OF: * ROBERT BRUCE SANDO, * File No. 2000-0140 Respondent. * * * * * * * * * * * * * * CONSENT ORDER WHEREAS, the Maryland

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * KEVIN T. FORRESTER D/B/A * Case No. 2007-0174 FORRESTER FINANCIAL GROUP * Respondent. * * * * * * * FINAL CONSENT

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND CONSENT ORDER

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND CONSENT ORDER ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * CASE NO. 2010-0308 AMERIPRISE FINANCIAL SERVICES, INC. * Respondent. * CONSENT ORDER WHEREAS, the Securities

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * No. 2011-0106 KENNETH R. OGAN, JR. * and * OGAN FINANCIAL GROUP, INC. * D/B/A TRUE WEALTH MANAGEMENT * and *

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND CONSENT ORDER

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND CONSENT ORDER ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * RANDY H. PACKETT * Case No. 2012-0292 and * CHESAPEAKE FINANCIAL * SOLUTIONS, LLC * Respondents. * * * CONSENT

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND * * * * * * * * * * * * * Consent Order

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND * * * * * * * * * * * * * Consent Order ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * JOSEPH F. RINALDI * AND * Securities Docket No. 2004-0368 QUANTUM FINANCIAL * ADVISORS, INC. * Respondents *

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND * * * * * * * * * * * * * CONSENT ORDER

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND * * * * * * * * * * * * * CONSENT ORDER ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * * Sit Means Sit Franchise, Inc., and * Case No. 2012-0362 Sit Means Sit, Inc., * Respondents * * * * * * * *

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND CONSENT ORDER

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND CONSENT ORDER ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * * Family Financial Centers, LLC, * Case No. 2008-0275 Respondent, * * * * * * * * * * * * * * CONSENT ORDER

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * * Ralph Edward Thomas, Jr. * Securities Docket No. 2011-0427 * Respondent * * * * * * * * * * * * * * ORDER

More information

BEFORE THE SECURITIES COMMISSIONER OF MARYLAND CONSENT ORDER

BEFORE THE SECURITIES COMMISSIONER OF MARYLAND CONSENT ORDER BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * * Our Town America, a Franchising Corporation, * Case No. 2006-0686 Respondent, * * * * * * * * * * * * * * CONSENT ORDER WHEREAS, the

More information

in the bankruptcy proceeding; and that on July 9, 2012, Johnson s bankruptcy proceeding was

in the bankruptcy proceeding; and that on July 9, 2012, Johnson s bankruptcy proceeding was ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * The Greatest Virtual Office, LLC, * and * Sandra Kay Johnson, a.k.a. * Sandra Johnson Adaralegbe, * Respondents,

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND In the Matter of: * REDRHINO, INC., * a.k.a. REDRHINO: The Epoxy Flooring Company * MICHAEL KENEALY, and Case Number 2015-0382 *

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND FINAL ORDER

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND FINAL ORDER ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * PRONTOWASH USA, LLC, * Case No. 2010-0055 Respondent. * * * * * * * * * * * * * * * FINAL ORDER WHEREAS, March

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND * * * * * * * * * * * * * * ORDER TO SHOW CAUSE

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND * * * * * * * * * * * * * * ORDER TO SHOW CAUSE ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * BES ENTERPRISES, LLC, * d.b.a. FRANKLIN FINANCIAL, a.k.a. FRANKLIN FINANCIAL SOLUTIONS, * a.k.a. FRANKLIN FINANCIAL

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND FINAL ORDER TO CEASE AND DESIST

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND FINAL ORDER TO CEASE AND DESIST ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * * FAMILY TREE DIGITAL VIDEO CORP., * Case No. 2008-0350 and * ROBBIE DON FRITZER, * Respondents. * * * * * *

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * * SOLID AD SOLUTIONS, LLC, * and * Case No. 2010-0376 CHRISTOPHER LEWALLEN, * Respondents. * * * * * * * * *

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND * * * * * * * * * * * * * * CONSENT ORDER

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND * * * * * * * * * * * * * * CONSENT ORDER ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * Cash Flow Capital, LLC * and * Brendan Gallagher, * Case No. 2012-0311 and * Elliott Clark, * Respondents, *

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND * * * * * * * * * * * * * CONSENT ORDER

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND * * * * * * * * * * * * * CONSENT ORDER ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * * CP Franchising, LLC * d/b/a Cruise Planners * Case No. 2011-0223 and * Michelle Fee * Respondents, * * * *

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * MATTHEW A. KRIMM * Securities Docket No. 2015-0120 and KRIMM FINANCIAL SERVICES, LLC * and OAH No. OAG-SD-50-15-

More information

STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION

STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION IN THE MATTER OF DETERMINING Whether there has been a violation of the Securities Act of Washington by: IRA Resource Associates

More information

MRSI International, Inc.; Michael C. Rabanne - S-07-273-12-CO01 - Consent Order

MRSI International, Inc.; Michael C. Rabanne - S-07-273-12-CO01 - Consent Order MRSI International, Inc.; Michael C. Rabanne - S-0---CO01 - Consent Order On February,, the entered into a Consent Order, S-0---CO01, with MRSI International, Inc. and Michael C. Rabanne (collectively

More information

FORM MLOE-1. State of Maryland Office of the Attorney General Securities Division

FORM MLOE-1. State of Maryland Office of the Attorney General Securities Division FORM MLOE-1 State of Maryland Office of the Attorney General Securities Division NOTICE CLAIMING MARYLAND LIMITED OFFERING EXEMPTION (MLOE) Under The Maryland Securities Act Section 11-602(9) and Regulations

More information

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION IN THE MATTER OF DETERMINING whether there has been a violation of the Securities Act of Washington by: IRA Wealth, Inc. and

More information

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES ACT OF 1933 Release No. 9581 / May 1, 2014 SECURITIES EXCHANGE ACT OF 1934 Release No. 72073 / May 1, 2014 INVESTMENT ADVISERS ACT OF 1940 Release No. 3828 / May 1, 2014 INVESTMENT COMPANY ACT

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND. Respondent. * Case No. 2004-0466 * * * * * * * * * * * * * CONSENT ORDER

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND. Respondent. * Case No. 2004-0466 * * * * * * * * * * * * * CONSENT ORDER ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND * IN THE MATTER OF: * GILES ENTERPRISES, INC. D.B.A CHESTER FRIED * Respondent. * Case No. 2004-0466 * * * * * * * * * * * * * CONSENT

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF SOUTH CAROLINA

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF SOUTH CAROLINA ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF SOUTH CAROLINA IN THE MATTER OF: ) ) ORDER TO CEASE AND DESIST Louis H. Rivas ) ) and ) File No. 08008 ) The FOREX Project, ) ) Respondents.

More information

INTRODUCTION. 1. The State of Maine and Securities Administrator (hereinafter collectively

INTRODUCTION. 1. The State of Maine and Securities Administrator (hereinafter collectively STATE OF MAINE YORK, ss. SUPERIOR COURT CIVIL ACTION DOCKET NO. CV-05- STATE OF MAINE and SECURITIES ADMINISTRATOR, Plaintiffs, v. COMPLAINT LORI M. HEMINGS, Defendant. INTRODUCTION 1. The State of Maine

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF SOUTH CAROLINA ) ) ) ) ) ) )

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF SOUTH CAROLINA ) ) ) ) ) ) ) ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF SOUTH CAROLINA IN THE MATTER OF: Joel L. Gillespie, Thomas G. Carls, Carls Financial Group, Bridgewater, Inc. Respondents. ORDER TO CEASE

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND. JOSEPH V. SMITH, * Case Number 2015-0156 * * * * * * * * * * * * * *

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND. JOSEPH V. SMITH, * Case Number 2015-0156 * * * * * * * * * * * * * * ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND In the Matter of: * NY BAGEL ENTERPRISES, INC., * SMS, INC., * JOSEPH V. SMITH, * Case Number 2015-0156 DENNIS KENNETH MASON, *

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND * * * * * * * * * * * * * CONSENT ORDER

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND * * * * * * * * * * * * * CONSENT ORDER ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * * RMG Rehabilitation Management Group, LP * Case No. 2011-0462 Respondent * * * * * * * * * * * * * * * CONSENT

More information

BEFORE THE MARYLAND SECURITIES COMMISSIONER ORDER

BEFORE THE MARYLAND SECURITIES COMMISSIONER ORDER BEFORE THE MARYLAND SECURITIES COMMISSIONER IN THE MATTER OF: * MARYLAND INTRASTATE * October 1, 2014 SMALL BUSINESS EXEMPTION * * * * * * * * * * * * * * ORDER WHEREAS, Section 11-601(16) of the Maryland

More information

FINAL ORDER TO CEASE AND DESIST

FINAL ORDER TO CEASE AND DESIST ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * BES ENTERPRISES, LLC, * d.b.a. FRANKLIN FINANCIAL, a.k.a. FRANKLIN FINANCIAL SOLUTIONS, * a.k.a. FRANKLIN FINANCIAL

More information

STATE OF NEW JERSEY BUREAU OF SECURITIES P.O. Box 47029 153 Halsey St.. 6t1 Floor Newark, New Jersey 071 01 (973) 504-3600 IN THE MATTER OF:

STATE OF NEW JERSEY BUREAU OF SECURITIES P.O. Box 47029 153 Halsey St.. 6t1 Floor Newark, New Jersey 071 01 (973) 504-3600 IN THE MATTER OF: STATE OF NEW JERSEY BUREAU OF SECURITIES P.O. Box 47029 153 Halsey St.. 6t1 Floor Newark, New Jersey 071 01 (973) 504-3600 IN THE MATTER OF: RONALD CHARLES HEIDEL, FRANK RICHARD HENDRICKS, MICHAEL JOSEPH

More information

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION IN THE MATTER OF DETERMINING whether there has been a violation of the Securities Act of Washington by: CHARLES MCSWAIN; BILLIE

More information

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES ACT OF 1933 Release No. 9752 / April 17, 2015 UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 74754 / April 17, 2015 INVESTMENT

More information

IN THE DISTRICT COURT OF THE FOURTH JUDICIAL DISTRICT OF THE STATE OF IDAHO, IN AND FOR THE COUNTY OF ADA

IN THE DISTRICT COURT OF THE FOURTH JUDICIAL DISTRICT OF THE STATE OF IDAHO, IN AND FOR THE COUNTY OF ADA ALAN G. LANCE ATIORNEY GENERAL STATE OF IDAHO MARY E. HUGHES Deputy Attorney General State of Idaho Department of Finance P.O. Box 83720 Boise, Idaho 83720-0031 Telephone: (208) 332-8092 Facsimile: (208)

More information

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF GEORGIA ATLANTA DIVISION. Plaintiff, Civil Action No. v. Defendants.

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF GEORGIA ATLANTA DIVISION. Plaintiff, Civil Action No. v. Defendants. Case 1:13-cv-01817-WSD Document 1 Filed 05/30/13 Page 1 of 18 UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF GEORGIA ATLANTA DIVISION SECURITIES AND EXCHANGE COMMISSION, Plaintiff, Civil Action No.

More information

STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION ) ) ) ) ) ) ) ) ) ) INTRODUCTION

STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION ) ) ) ) ) ) ) ) ) ) INTRODUCTION STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION IN THE MATTER OF DETERMINING whether there has been a violation of the Securities Act of Washington by: Centurion Financial

More information

Mike Watson Investments was purportedly formed to conduct real estate seminars. Its principal

Mike Watson Investments was purportedly formed to conduct real estate seminars. Its principal STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION IN THE MATTER OF DETERMINING Whether there has been a violation of the Securities Act of Washington by: Mike Watson Investments,

More information

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES ACT OF 1933 Release No. 9274 / November 7, 2011 UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 65698 / November 7, 2011 INVESTMENT

More information

Case 2:13-cv-14048-XXXX Document 1 Entered on FLSD Docket 02/04/2013 Page 1 of 14 UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF FLORIDA

Case 2:13-cv-14048-XXXX Document 1 Entered on FLSD Docket 02/04/2013 Page 1 of 14 UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF FLORIDA Case 2:13-cv-14048-XXXX Document 1 Entered on FLSD Docket 02/04/2013 Page 1 of 14 UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF FLORIDA Case No. -Civ SECURITIES AND EXCHANGE COMMISSION, v.

More information

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS DALLAS DIVISION

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS DALLAS DIVISION IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS DALLAS DIVISION SECURITIES AND EXCHANGE COMMISSION, Plaintiff, vs. Civil Action No.: 3:10-cv-840 TIERONE CONVERGED NETWORKS, INC.,

More information

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION ) ) ) ) ) ) ) ) ) Bart Sweazea Ray Valdez STATEMENT OF CHARGES

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION ) ) ) ) ) ) ) ) ) Bart Sweazea Ray Valdez STATEMENT OF CHARGES 1 1 1 1 1 IN THE MATTER OF DETERMINING Whether there has been a violation of the Securities Act of Washington by: Pangean Energy, LLC; Bart Sweazea; Ray Valdez, STATE OF WASHINGTON DEPARTMENT OF FINANCIAL

More information

He was registered with the Bureau as an agent of

He was registered with the Bureau as an agent of STATE OF NEW JERSEY BUREAU OF SECURITIES P.O. Box 470529 Newark, New Jersey 07101 (973) 504-3600 IN THE MATTER OF: Gregory Jerome Ptasienski Osborn SUMMARY REVOCATION ORDER CRD# 1716402 Pursuant to the

More information

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION STATE OF WASHINGTON SECURITIES DIVISION IN THE MATTER OF DETERMINING whether there has been a violation of the Securities Act of Washington by: Sarah Rose Sorensen; Sigh of Relief, Life and Financial,

More information

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION IN THE MATTER OF DETERMINING Whether there has been a violation of the Securities Act of Washington by: Robert Malecki; Homeowner

More information

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION. Respondents STATEMENT OF CHARGES

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION. Respondents STATEMENT OF CHARGES STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION IN THE MATTER OF DETERMINING Whether there has been a violation of the Securities Act of Washington by: David Lyn Lenihan; AllianceCapital

More information

UNITED STATES OF AMERICA

UNITED STATES OF AMERICA UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 76432 / November 12, 2015 INVESTMENT ADVISERS ACT OF 1940 Release No. 4262 / November

More information

STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION ) ) ) ) ) ) ) ) ) ) INTRODUCTION

STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION ) ) ) ) ) ) ) ) ) ) INTRODUCTION STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION IN THE MATTER OF DETERMINING whether there has been a violation of the Securities Act of Washington by: Ensentech, Inc.; Gary

More information

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MINNESOTA

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MINNESOTA UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MINNESOTA : UNITED STATES SECURITIES : AND EXCHANGE COMMISSION, : : Plaintiff, : : v. : Civil Action No. : GARY A. COLLYARD, COLLYARD : GROUP, LLC, PAUL

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF SOUTH CAROLINA

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF SOUTH CAROLINA ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF SOUTH CAROLINA IN THE MATTER OF: ORDER TO CEASE AND DESIST Ronald E. Satterfield, and Graham Street FOREX Group, LLC, File No. 09044 Respondents.

More information

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 78118 / June 21, 2016 ADMINISTRATIVE PROCEEDING File No. 3-16836 In the Matter of STEVEN

More information

IIAC GUIDANCE: UNITED STATES SNOWBIRD AND TEMPORARY RESIDENT EXEMPTIONS

IIAC GUIDANCE: UNITED STATES SNOWBIRD AND TEMPORARY RESIDENT EXEMPTIONS IIAC GUIDANCE: UNITED STATES SNOWBIRD AND TEMPORARY RESIDENT EXEMPTIONS August 2012 IIAC Guidance on United States Snowbird and Temporary Resident Exemptions August 2012 This guidance reviews the U.S.

More information

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION ) ) ) ) ) ) ) )

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION ) ) ) ) ) ) ) ) STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION 1 1 IN THE MATTER OF DETERMINING Whether there has been a violation of the Securities Act of Washington by: Dorothy Of Oz, LLC;

More information

Case 2:13-cv-00993 Document 1 Filed 06/05/13 Page 1 of 10

Case 2:13-cv-00993 Document 1 Filed 06/05/13 Page 1 of 10 Case :-cv-00 Document Filed 0/0/ Page of JOHN W. BERRY (N.Y. Bar No. ) Email: berryj@sec.gov LESLIE A. HAKALA (Cal. Bar. No. ) Email: hakalal@sec.gov Attorneys for Plaintiff Securities and Exchange Commission

More information

THE STATE OF WASHINGTON TO: 1 DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION ) ) ) ) ) ) ) ) STATEMENT OF CHARGES

THE STATE OF WASHINGTON TO: 1 DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION ) ) ) ) ) ) ) ) STATEMENT OF CHARGES STATE OF WASHINGTON SECURITIES DIVISION IN THE MATTER OF DETERMINING whether there has been a violation of the Securities Act of Washington by: Brisk Management, LLC dba Heritage House Assisted Living;

More information

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION SDO - 13-05

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION SDO - 13-05 STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION IN THE MATTER OF DETERMINING Whether there has been a violation of the Securities Act of Washington by: Pangea Petroleum Corp.,

More information

SUMMARY ORDER TO CEASE AND DESIST

SUMMARY ORDER TO CEASE AND DESIST STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION IN THE MATTER OF DETERMINING Whether there has been a violation of the Securities Act of the State of Washington by: Universal

More information

STATE OF MISSOURI OFFICE OF SECRETARY OF STATE

STATE OF MISSOURI OFFICE OF SECRETARY OF STATE STATE OF MISSOURI OFFICE OF SECRETARY OF STATE IN THE MATTER OF: ) Wallace Neal Jordan and Gundaker/Jordan ) American Holdings, Inc., ) ) Respondents. ) Case No. AP-15-07 Serve: ) ) Wallace Neal Jordan

More information

STATE OF MICHIGAN DEPARTMENT OF LABOR & ECONOMIC GROWTH OFFICE OF FINANCIAL AND INSURANCE SERVICES

STATE OF MICHIGAN DEPARTMENT OF LABOR & ECONOMIC GROWTH OFFICE OF FINANCIAL AND INSURANCE SERVICES STATE OF MICHIGAN DEPARTMENT OF LABOR & ECONOMIC GROWTH OFFICE OF FINANCIAL AND INSURANCE SERVICES Before the Commissioner of the Office of Financial and Insurance Services In the matter of: Robert Smart

More information

Nebraska Loan Broker Act Chapter 45, Article 1, Section f 45-189 to 45-193

Nebraska Loan Broker Act Chapter 45, Article 1, Section f 45-189 to 45-193 45-189 Loan brokers; legislative findings. The Legislature finds that: Nebraska Loan Broker Act Chapter 45, Article 1, Section f 45-189 to 45-193 (1) Many professional groups are presently licensed or

More information

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES ACT OF 1933 Release No. 9372 / December 6, 2012 SECURITIES EXCHANGE ACT OF 1934 Release No. 68372 / December 6, 2012 INVESTMENT

More information

STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION INTRODUCTION

STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION INTRODUCTION 1 1 1 IN THE MATTER OF DETERMINING whether there has been a violation of the Securities Act of Washington by: Financial Services International Corp.; Candace Jean Lee; David Waldemar Asplund, Jr.; STATE

More information

STATE OF MISSOURI OFFICE OF SECRETARY OF STATE

STATE OF MISSOURI OFFICE OF SECRETARY OF STATE STATE OF MISSOURI OFFICE OF SECRETARY OF STATE IN THE MATTER OF: ) ) BRYANT GEORGE ROADIFER, ) ) Case No. AP-14-07 Respondent. ) ) Serve: Bryant George Roadifer ) 234 North 5 th Street ) Festus, Missouri

More information

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION. Rodney (Rod) Alain Carol Lawson

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION. Rodney (Rod) Alain Carol Lawson STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION IN THE MATTER OF DETERMINING whether there has been a violation of the Securities Act of Washington by: WOODSTOCK SECURITIES,

More information

STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION. Respondents. INTRODUCTION

STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION. Respondents. INTRODUCTION STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION 1 1 1 IN THE MATTER OF DETERMINING Whether there has been a violation of the Securities Act of Washington by: One Share of Stock,

More information

STATE OF FLORIDA OFFICE OF FINANCIAL REGULATION

STATE OF FLORIDA OFFICE OF FINANCIAL REGULATION STATE OF FLORIDA OFFICE OF FINANCIAL REGULATION Registration of Crowdfunding Intermediary Application (Form FL-INT) Pursuant to Section 517.12, Florida Statutes GENERAL INSTRUCTIONS An intermediary of

More information

State of California - Department of Corporations

State of California - Department of Corporations 0 PRESTON DuFAUCHARD California Corporations Commissioner ALAN S. WEINGER (CA BAR NO. Acting Deputy Commissioner MARLOU de LUNA (CA BAR NO. Sr. Corporations Counsel West th Street, Ste. 0 Los Angeles,

More information

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION ) ) ) ) ) ) ) ) STATEMENT OF CHARGES

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION ) ) ) ) ) ) ) ) STATEMENT OF CHARGES STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION IN THE MATTER OF DETERMINING Whether there has been a violation of the Securities Act of Washington by: SEATTLE CAPITAL GROUP

More information

Case 3:11-cv-01252-P Document 1 Filed 06/10/11 Page 1 of 7 PageID 1

Case 3:11-cv-01252-P Document 1 Filed 06/10/11 Page 1 of 7 PageID 1 Case 3:11-cv-01252-P Document 1 Filed 06/10/11 Page 1 of 7 PageID 1 IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS DALLAS DIVISION SECURITIES AND EXCHANGE COMMISSION, Plaintiff,

More information

STATE SECURITES EXEMPTIONS & LEGENDS

STATE SECURITES EXEMPTIONS & LEGENDS STATE SECURITES EXEMPTIONS & LEGENDS 1 Whether you raise capital by selling equity or debt, the offering will be viewed as selling securities. Each securities offering must either be registered with federal

More information

STATE OF NEW JERSEY BUREAU OF SECURITIES 153 Halsey Street P.O. Box 47029 Newark, New Jersey 07101 (973) 504-3600.

STATE OF NEW JERSEY BUREAU OF SECURITIES 153 Halsey Street P.O. Box 47029 Newark, New Jersey 07101 (973) 504-3600. STATE OF NEW JERSEY BUREAU OF SECURITIES 153 Halsey Street P.O. Box 47029 Newark, New Jersey 07101 (973) 504-3600 In the Matter of: JEFFREY DEAN SCHRADER CRD # 3092638 SUMMMARY REVOCATION AND PENALTY ORDER

More information

CONTRIBUTION AGREEMENT of INCROWD ALABAMA FUND I, LLC

CONTRIBUTION AGREEMENT of INCROWD ALABAMA FUND I, LLC CONTRIBUTION AGREEMENT of INCROWD ALABAMA FUND I, LLC INSTRUCTIONS TO INVESTORS EACH PROSPECTIVE INVESTOR IN INCROWD ALABAMA FUND I, LLC (THE COMPANY ) SHOULD EXAMINE THE SUITABILITY OF THIS TYPE OF INVESTMENT

More information

rrej(as State Securities <Joard DAVID A. APPLEBY

rrej(as State Securities <Joard DAVID A. APPLEBY JOHN MORGAN SECURITIES COMMISSIONER RONAK V PATEL DEPUTY SECURITIES COMMISSIONER BETH ANN BLACKWOOD CHAIR DERRICK MITCHELL MEMBER E. WALLY KINNEY MEMBER Mail: P.O BOX 13167 rrej(as State Securities

More information

Excerpt from IDA website at Under what circumstances can a Canadian salesperson deal with a retail client present in the United States?

Excerpt from IDA website at  Under what circumstances can a Canadian salesperson deal with a retail client present in the United States? Excerpt from IDA website at www.ida.ca Under what circumstances can a Canadian salesperson deal with a retail client present in the United States? Dealings with clients in the United States are governed

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF SOUTH CAROLINA. Respondents.

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF SOUTH CAROLINA. Respondents. ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF SOUTH CAROLINA IN THE MATTER OF: Imperia Invest IBC, Global Wealth Lifepath, Inc., Werner Jahnsen, Steve Baker, and Jody Dunn Respondents.

More information

Case 4:11-cv-00592 Document 1 Filed 09/13/11 Page 1 of 17 PageID #: 1

Case 4:11-cv-00592 Document 1 Filed 09/13/11 Page 1 of 17 PageID #: 1 Case 4:11-cv-00592 Document 1 Filed 09/13/11 Page 1 of 17 PageID #: 1 IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF TEXAS SHERMAN DIVISION SECURITIES AND EXCHANGE COMMISSION, COMPLAINT

More information

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND

ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND ADMINISTRATIVE PROCEEDING BEFORE THE SECURITIES COMMISSIONER OF MARYLAND IN THE MATTER OF: * No. 2013-0089 TIMOTHY J. COLLINS * D/B/A RETRO WALL STREET ADVISORS * and * COLLINS CAPITAL ADVISORS, LLC *

More information

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION IN THE MATTER OF DETERMINING whether there has been a violation of the Commodity Act by: CLAIRMONT CAPITAL CORP., a Colorado

More information

STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION ) ) ) ) ) ) ) CONSENT ORDER INTRODUCTION

STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION ) ) ) ) ) ) ) CONSENT ORDER INTRODUCTION 1 1 1 IN THE MATTER OF DETERMINING whether there has been a violation of the Franchise Investment Protection Act of Washington by: Capital Business Consultants, L.L.C.; Capital Business Brokers, L.L.C.;

More information

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION IN THE MATTER OF DETERMINING Whether there has been a violation of the Securities Act of Washington by: ARTHUR K. BRYANT; FORUM

More information

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION

THE STATE OF WASHINGTON TO: DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS SECURITIES DIVISION IN THE MATTER OF DETERMINING whether there has been a violation of the Securities Act of Washington by: ICON TRADING, INC.,

More information

Division of Insurance, Petitioner v. Lisa Sue Mize, Respondent Docket No. E2009-03. Order on Petitioner's Motion for Summary Decision

Division of Insurance, Petitioner v. Lisa Sue Mize, Respondent Docket No. E2009-03. Order on Petitioner's Motion for Summary Decision Division of Insurance, Petitioner v. Lisa Sue Mize, Respondent Docket No. E2009-03 Introduction and Procedural History Order on Petitioner's Motion for Summary Decision On February 20, 2009, the Division

More information