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Investing: Less Pain, More Gain
A baker's dozen articles on mutual funds, keys to retirement saving, the investing principles every investor should know – and a whole lot more.
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2017 Texas Investor Guide
To receive free copies of the Texas Investor Guide: Strategies for Investing Wisely and Avoiding Financial Fraud – in English or Spanish – provide a mailing address to Robert Elder, Communications & Education Coordinator, at relder@ssb.texas.gov, and specify the number of copies you would like to receive. The Latest News & Publications
Administrative Action Report: July-Sept. 2017
The following is the quarterly report of administrative actions and orders taken by the State Securities Board from July 1 through Sept. 30, 2017.
Michael Keith Parish: Suspended, FinedMichael Keith Parish , a San Antonio investment adviser, was suspended for 30 days and fined $5,000...
Judge Orders $29M in Restitution in Oil and Gas Fraud Case
U.S. District Judge Lee Yeakel on Oct. 2 ordered Austin attorney Robert Allen Helms and his business partner, Janniece S. Kaelin , to pay $29 million in restitution to investors in the pair's oil-and-gas royalties scam.
Yeakel previously sentenced Helms and Kaelin to 78 months in federal...
State Regulators Taking More Actions Against Registered Firms
The North American Securities Administrators Association (NASAA) reported Sept. 26 that state securities regulators took more enforcement actions against registered members of the securities industry than non-registered individuals or firms, continuing a trend that began last year.
In...
'Unicorn' to Pay $1.2M in Restitution to Corpus Christi Woman
The Unicorn is paying the price for his financial crimes.
Nicholas Baratoff Jr. , a resident of the coastal village of Sea Cliff, N.Y., near New York City, paid $360,000 in restitution on Sept. 6 to an elderly Corpus Christi woman who invested in projects that were supposedly operated...
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.
