News Releases

Jan 9
2018

Order the 2018 Texas Investor Guide

It's here: the 2018 edition of the Texas Investor Guide: Strategies for Investing Wisely and Avoiding Financial Fraud .

As always, the new Investor Guide is fully updated to provide you with the latest information for smart and safe investing.

The 2018 edition includes new...

Jan 4
2018

$4 Billion Crypto-Promoter Ordered to Halt Fraudulent Sales

The Texas Securities Commissioner has entered an Emergency Cease and Desist Order to halt the multiple investment programs operated by BitConnect, an overseas company that claims a market share of $4.1 billion for its cryptocurrency coins.

BitConnect is soliciting investors for...

Jan 3
2018

Investment Adviser Revoked for Refusing to Turn Over Emails

Texas Securities Commissioner Travis J. Iles last week revoked the investment adviser registration of Irving-based Jackson Financial Services after its president, David Jackson , repeatedly refused to turn over emails regarding his solicitation of clients.

The Disciplinary Order, entered...

Enforcement Actions: Administrative

Jan 8
2018

Order No. ENF-18-CDO-1755

In the Matter of the 7S Oil & Gas LLC, Pecos O&G Corporation, and William A. Sewell A/K/A Gillian Sewell: Agreed Cease and Desist Order

Dec 29
2017

Order No. IC17-REV-01

In the Matter of the Investment Adviser Registration of Jackson Financial Services: Revocation

Enforcement Actions: Criminal & Civil

Dec 1
2017

James Elton Warr: Sentenced, 15 Years

James Elton “Jim” Warr of Austin, who promised guaranteed returns from investing in real estate, was sentenced to 15 years in state prison on Dec. 1 after his conviction in Travis County on four first-degree felony counts.

Warr, 69, stole $1.1 million from individuals who bought...

Nov 1
2017

Lawrence Allen DeShetler: Sentenced, 5 Years

Lawrence Allen DeShetler , an investment adviser in The Woodlands, was sentenced to five years in federal prison on Nov. 1 after pleading guilty in June to federal mail fraud charges.

DeShetler convinced five clients – two of whom were in their 80s – to cash out legitimate investments...

Oct 2
2017

Robert A. Helms, Janniece S. Kaelin: Sentenced, 78 Months

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...

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.