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 2019 Texas Investor Guide
The Texas Investor Guide is fresh, factual, and fully updated for 2019 with information to help investors at all stages of life learn to invest wisely and avoid financial fraud. For free copies, provide a mailing address to relder@ssb.texas.gov. The Investor Guide is available in Spanish.
The Latest News & Publications
Mind Your P's: Investment Pitches, People, and Products to Avoid
This Investor Alert is based on the State Securities Board's updated report on Scams and Unsuitable Investments
Certain types of investments—even if they are legitimate—should always raise red flags. If an investment seems overly complicated, promises large returns with minimal risk, or...
LPL Pays $450,000 to Texas for Selling Unregistered Securities
LPL Financial LLC will pay a $450,000 fine to the State of Texas and repurchase certain securities it sold to investors, Texas Securities Commissioner Travis J. Iles announced April 11.
The Consent Order with Texas is part of national settlement between state securities regulators and...
Order: Crypto and Forex Firm Trading Mostly in Falsehoods
Texas Securities Commissioner Travis J. Iles took emergency action April 9 to stop an international offering of cryptocurrency and foreign currency investments by a company using a phony address and falsely claiming it is registered as a broker-dealer and investment adviser.
The...
Dallas Investment Promoter 'Doc' Gallagher Arrested In Alleged $19M Fraud
William Neil “Doc” Gallagher , who promotes his investment business on Christian radio and in books like “Jesus Christ, Money Master,” has been arrested to face first-degree state felony charges of securities fraud and money laundering in Dallas County.
In a related action, the U.S....
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.
