News Releases

Oct 10
2018

State Regulators Release Annual Enforcement Report

The North American Securities Administrators Association (NASAA) today released its annual enforcement report, which shows a reversal in a recent trend as more enforcement actions were taken in 2017 against unregistered individuals or firms than registered members of the securities industry....

Oct 10
2018

Forex Firm, Targeting Small Investors, Ordered to Halt Offerings

Texas Securities Commissioner Travis J. Iles on Oct. 10 took emergency action against a financial firm that is promising investors of limited financial means that it can produce huge returns from investments in foreign currency trading, real estate, and oil and gas.

The Securities...

Sep 30
2018

Administrative Action Report July-Sept 2018

The following are summaries of administrative actions the Texas State Securities Board took from July 1 through Sept. 30, 2018:

Sunlight Investments: Fine, Reprimand

Texas Securities Commissioner Travis J. Iles levied a $15,000 fine against Sunlight Investments of Katy for rendering...

All News Releases

Enforcement Actions: Administrative

Oct 10
2018

Order No. ENF-18-CDO-1770

In the Matter of GoForex Group AKA Go Forex Group, Mary A. Scott, and Sharon Henderson: Emergency Cease and Desist Order

Sep 18
2018

Order No. ENF-18-CDO-1769

In the Matter of Ultimate Assets LLC, Daniel Dishmon, and John Jason Woodard: Emergency Cease and Desist Order

Sep 18
2018

Order No. ENF-18-CDO-1767

In the Matter of Coins Miner Investment Ltd. AKA Coins Miner and Ana Julia Lara: Emergency Cease and Desist Order

All administrative actions

Enforcement Actions: Criminal & Civil

Aug 7
2018

Gabriel Claudio Jr.: Sentenced, 25 Years

Gabriel Claudio Jr., who stole millions of dollars from clients of his illegitimate financial services firm in Corpus Christi, was sentenced to 25 years in state prison on Aug. 7 and ordered to pay $2,795,254 in restitution to investors.

Claudio was sentenced in the 79th District Court...

Jul 12
2018

Everett Craig Williams: Convicted

Everett Craig Williams was convicted on first-degree felony charges of securities fraud and theft for selling investments in a real estate program without telling investors he owed millions in civil court judgments, unpaid child support, and judgments against him in bankruptcy proceedings....

Jul 3
2018

Bob Guess: Sentenced, 12 Years

Bobby Eugene Guess of Frisco was sentenced to 12 years in state prison on July 3 for fraud in the sale of millions of dollars in securities in a worthless internet company.

Guess pleaded guilty to securities fraud in May in the 296th State District Court of Collin County. A Collin...

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