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
Dennis Keith Sanders: Guilty Pleas
On February 24, 2021, Dennis Keith Sanders, from Brenham, Texas, pleaded guilty to first degree securities fraud , theft , and money laundering . He was ordered to serve ten years of deferred adjudication community supervision, conditioned on his payment of more than $400,000 in restitution. The...
Firm Agrees to a Refund and Fine for Unreasonable Supervisory System
Independent Financial Group, LLC, as part of a Consent Order that Texas Securities Commissioner, Travis J. Iles entered on April 1, 2021, agreed to refund $276,398.42 to the customers of a former Texas-based representative who implemented a high-risk trading strategy in leveraged exchange-traded...
Commissioner Stops Illegal, Fraudulent and “Dirty” Securities Offering
Securities Commissioner Travis J. Iles entered an emergency cease and desist order against Larry Scott Rogers, from Montgomery and Conroe, Texas. The order accuses him of illegally and fraudulently offering securities to Texans.
The order also names D&S Recruiting DBA Legacy Leads, a...
Securities Commissioner Stops Another Online Forex and Cryptocurrency Scam
Securities Commissioner Travis J. Iles entered an emergency cease and desist order against DailyForex247, an online investment platform, and Ghulam Wardag, its senior account manager. The order accuses the parties of perpetrating an online scam tied to forex trading and cryptocurrency mining....
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.
