ALERT: For Professionals & the Industry
Registration of Dealers & Investment Advisers
Regulation of Securities Offerings
For Investors
Learn the CORE FOUR
Learning about investing starts with the CORE FOUR: Making Investments, Investing for Retirement, Choosing a Financial Professional, and Scams & Unsuitable Investments. All are available in Spanish.
Order the 2020 Texas Investor Guide
Order the 10th anniversary edition of the Texas Investor Guide: Strategies for Investing Wisely and Avoiding Financial Fraud. For free copies, provide a mailing address to txig@ssb.texas.gov. The Investor Guide is also in Spanish.
The Latest News & Publications
Securities Commissioner Stops Fraudster from Impersonating ARK Invest and an ETF Managed by Cathie Wood
ARK Invest and its founder and CEO, Cathie Wood, have been generating considerable attention with their bets on innovative, disruptive technologies. The company is an investment adviser for certain exchange traded funds and registered with the Securities & Exchange Commission. The ARK...
Securities Commissioner Stops Illegal Forex Trader Operating in Frisco, Texas
Securities Commissioner Travis J. Iles entered an emergency cease and desist order against David A. Grissom and Premier Concepts, accusing them of illegally operating an unregistered forex investment scheme from Frisco, Texas.
According to the order, Grissom and Premier Concepts...
Securities Commissioner Stops Fraudulent Offering Tied to Downtown Austin Venue Bull & Bowl
Securities Commissioner Travis J. Iles entered an Emergency Cease and Desist Order to stop a fraudulent securities offering tied to Bull & Bowl, a nightclub located in downtown Austin, Texas.
The action names Austin resident David Wesley Goodnight and his businesses, Valiant Holdings...
Richard Gregory Tilford: Convicted
On June 8, 2021, Richard Gregory Tilford, from Arlington, was sentenced to serve 40 years in state prison for engaging in a fraudulent digital marketing investment scheme. He was also sentenced to serve 10 years in prison for each of six counts of selling unregistered securities and 10 years in...
About the Texas Securities Board
Our Mission
The State Securities Board is responsible for administering and enforcing the Texas Securities Act. The mission of the State Securities Board is to protect Texas investors. Consistent with that purpose, the Agency seeks to ensure a free and competitive securities market for Texas, increase investor confidence, and thereby encourage the formation of capital and the creation of new jobs in Texas.
