Jul 1
2019

Metals.com to Offer Full Refunds to Texas Investors in Deal Likely to Exceed $10 Million

Metals.com, a firm accused of convincing older Texans to liquidate securities held with registered investment firms and use the proceeds to buy precious metals, has agreed to offer a full refund to 84 Texas investors. The amount of refunds will be made public once all investors have had the chance...
Jun 30
2019

Administrative Action Report Apr-June 2019

The following are summaries of administrative actions the Texas State Securities Board took from April 1 through June 30, 2019: FxBitGlobe: Emergency Cease and Desist Order Texas Securities Commissioner Travis J. Iles entered an Emergency Cease and Desist Order on April 9 to stop FxBitGlobe from...
Jun 28
2019

State Securities Board Starts Second Regulatory Sweep of Crypto Investments

Texas Securities Commissioner Travis J. Iles on June 28 entered three emergency cease and desist orders against promoters of fraudulent cryptocurrency-related investments who are soliciting Texas residents through Facebook “work from home” forums. The orders stem from an initiative by the...
Jun 28
2019

Order No. ENF-19-CDO-1781

In the Matter of Tint X Mining Pool and Maxi Samantha Fortune: Emergency Cease and Desist Order

Jun 28
2019

Order No. ENF-19-CDO-1780

In the Matter of Madeline O'Farrell: Emergency Cease and Desist Order

Jun 28
2019

Order No. ENF-19-CDO-1779

In the Matter of Mikhail Rania Safiya: Emergency Cease and Desist Order

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. But a pension also...
Jun 8
2019

Daniel Rodriguez Bryand: 10 Years Community Supervision

June 8, 2019, 227th District Court of Bexar County, order of deferred adjudication, defendant placed on community supervision for 10 years.
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 to clients...
Jun 6
2019

Order No. ENF-19-CDO-1778

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

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