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 relder@ssb.texas.gov. The Investor Guide is also in Spanish.
The Latest News & Publications
Philly Special: Austin Investors' Funds Flowing to Besieged Pennsylvania Loan Company
Texas Securities Commissioner Travis J. Iles on Feb. 25 ordered Austin insurance agent Gary N. Beasley to stop offering promissory notes tied to a Philadelphia, Pa. company that has been sanctioned by two states and sued for predatory lending to small businesses.
According to the...
Oil Company Pays $20,000 Fine, Will Make $1.5 Million Refund Offer to Investors
Woodland Resources LLC , the oil and gas company once led by a Fort Worth oilman with a history of regulatory sanctions and running companies into bankruptcy, paid a $20,000 fine to the state and will offer to refund $1.49 million to investors in two of its drilling projects.
Under the...
Austin Insurance Agent Indicted for Alleged $9 Million Fraud on Elderly
Brett Pittsenbargar, an Austin insurance agent who allegedly sold $9.3 million in fraudulent investments, was arrested Feb. 19 to face first-degree felony charges of securities fraud , money laundering , and theft .
A Travis County grand jury's Feb. 4 indictment of Pittsenbargar was...
Next Financial to Refund $500,000 to Customers, Pay $100,000 Fine
Next Financial Group Inc. of Houston agreed to refund $500,000 to customers of a former Texas agent who for five years moved clients in and out of high-cost mutual funds to generate commissions.
Next Financial Group also paid a $100,000 fine to the State of Texas for failing to properly...
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.
