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Learn the core four principles of investing

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.

2020 Texas Investor Guide cover

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.govThe Investor Guide is also in Spanish.

The Latest News & Publications

Mejdi Mahmoud Abousaoui: Guilty Plea

Mejdi Mahmoud Abousaoui was sentenced to serve 25 years in state prison after pleading guilty to first-degree securities fraud.  Abousaoui paid $210,454.70 in up-front restitution and was ordered to pay the remaining balance of $2,803,271.56 of outstanding restitution.

Abousaoui was...

Securities Commissioner Stops Illegal Bank Leveraged Forex Program

Securities Commissioner Travis J. Iles entered an emergency cease and desist order to stop Graco Commercial Capital, LLC, and Raymond V. Grant from illegally offering investments in a bank leveraged forex trading program.

Grant and Graco Commercial, operating from Greeley...

Texas Securities Board Stops Another Online Impersonation Scam

Securities Commissioner Travis J. Iles entered an emergency cease and desist order to stop Riek Capital from illegally promoting fraudulent investments in trading programs.  The order also accuses the company of engaging in an impersonation scheme – alleging Riek Capital...

Securities Commissioner Files Action to Stop Plantersville Crypto Promoter

Securities Commissioner Travis J. Iles filed an emergency cease and desist order against Immortal Assets and its owner, Michael Wichkoski.  The parties, purportedly operating from Plantersville, Texas, are accused of promoting an illegal cryptocurrency trading program.
The order accuses...

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.

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