News Releases

Jun 18
2019

Investor Alert: The Perils of Pension Income Deals

A pension provides something extremely valuable to any retiree: Guaranteed income.

A pension pays a monthly annuity for the life of the pension holder. If you are a retiree receiving an annuity, or an active employee in a government or private pension plan, you know its value.

...

Jun 7
2019

One Dallas Adviser Suspended, A Second Ordered to Repay Commissions

Texas Securities Commissioner Travis J. Iles on June 6 sanctioned two Dallas-area investment adviser representatives for selling unsuitable investments to clients.

The Commissioner suspended investment adviser representative Mark A. Trewitt for 90 days for selling unsuitable investments...

May 16
2019

In A Self-Directed IRA, Make Sure You're Not Your Own Worst Enemy

View this Investor Alert, Self-Directed IRAs: More Choices, More Risk , in a print-ready format.

Investing for retirement usually means buying stocks, bonds, and mutual funds through a workplace retirement plan like a 401(k) or in your own Individual Retirement Account (IRA).

If you...

All News Releases

Enforcement Actions: Administrative

Jun 6
2019

Order No. ENF-19-CDO-1778

In the Matter of InnerGeo LLC, WaterReco LLC DBA OilReco: Emergency Cease and Desist Order

Jun 6
2019

Order No. REG19-SUS-04

In the Matter of the Investment Adviser Representative Registration of Mark A. Trewitt: Suspension

Jun 6
2019

Order No. IC19-CAF-01

In the Matter of the Investment Adviser Registration of LFS RIA LLC and the Investment Adviser Representative Registration of Clair Crossland: Reprimand, Repayment

All administrative actions

Enforcement Actions: Criminal & Civil

May 1
2019

Danny Ray Digman: Indicted

Danny Ray Digman , who served time in state prison in the early 2000s for operating a fraudulent investment program based on the revenue from mobile ATMs in Central Texas, was indicted May 1 in Randall County on multiple felony charges for allegedly perpetrating the same ATM fraud in the Texas...

Mar 12
2019

William Neil Gallagher: Indicted

William Neil “Doc” Gallagher , who promoted his investment business on Christian radio and in books like “Jesus Christ, Money Master,” was arrested March 8 on first-degree state felony charges of securities fraud and money laundering in Dallas County. Prosecutors disclosed the arrest on March...

Feb 19
2019

Christopher Matthew Meredith: Indicted

Christopher Matthew Meredith was indicted Feb. 19 in the U.S. District Court for the Western District of Texas on charges that he defrauded individuals in Brenham who invested in a company Meredith said would open medical marijuana dispensaries in conjunction with the federal government....

All civil & criminal actions

Publications

Salute to Smart Investing cover

A Salute to Smart Investing

To help active military members achieve financial security, Salute covers investment "basic training," retirement planning, avoiding scams – and much more

 

It's Your Financial Life cover

It's Your Financial Life

Young workers of the world, invest! Your Financial Life cuts through the thicket of financial jargon and products as you begin managing your own finances.

All publications