Indiana Securities Laws The Indiana securities laws serve two primary purposes; to regulate the raising of capital in the state, and to provide protections for investors. The Indiana securities laws can be accessed here. Corporations and individuals who raise money from investors, or provide investment advice must be registered with…
FINRA, Illinois bar David Hackney, former broker with LPL. On June 23, 2015 the state of Illinois, through its Secretary of State’s Securities Division published a consent order revoking David Hackney’s securities salesperson and investment advisor registrations, and permanently barred him from selling securities in the state of Illinois. The…
Thomas Hayes, former broker with Bosc sued by Bernalillo County over bond portfolio losses. On November 20, 2014 the state of New Mexico’s Securities Division issued an opinion and notice of contemplated action against Thomas Hayes, a former registered representative with Bosc, Inc., as well as Bosc, Inc. for making…
John Waszolek charged by Arizona Corporation Commissioner. On July 8, 2016 the Corporation Commissioner for the state of Arizona, acting through the Securities Division charged John Waszolek, a former registered representative with Morgan Stanley and Raymond James with violations of the Securities Act of Arizona, specifically section 44-1801. The Securities…
Community National Bank IRA Custodian for self directed retirement accounts The use of self directed IRAs has soared in the past ten years. IRA custodians like Community National Bank allow individuals to make their own investment decisions with their IRA funds. Investors looking for non-traditional investments can roll “qualified” pretax…
Update on Lawsuit against Kingdom Trust Company A lawsuit filed in the US District Court for the Southern District of Ohio against Kingdom Trust Company for its role (or lack thereof) in the William Apostelos ponzi scheme has been the subject of intense motion practice between the parties. At issue…
South Carolina Securities Laws The South Carolina securities laws serve two primary purposes; to regulate the raising of capital in the state, and to provide protections for investors. The South Carolina securities laws can be accessed here. Corporations and individuals who raise money from investors, or provide investment advice must…
Illinois Securities Laws The Illinois securities laws serve two primary purposes; to regulate the raising of capital in the state, and to provide protections for investors. The Illinois securities laws can be accessed here. Corporations and individuals who raise money from investors, or provide investment advice must be registered with…
Idaho Securities Laws The Idaho securities laws serve two primary purposes; to regulate the raising of capital in the state, and to provide protections for investors. The Idaho securities laws can be accessed here. Corporations and individuals who raise money from investors, or provide investment advice must be registered with…
Hawaii Securities Laws The Hawaii securities laws serve two primary purposes; to regulate the raising of capital in the state, and to provide protections for investors. The Hawaii securities laws can be accessed here. Corporations and individuals who raise money from investors, or provide investment advice must be registered with…