October 01, 2025
The U.S. Securities and Exchange Commission has secured a win in Nevada federal court in its lawsuit accusing a Utah securities firm of violating federal anti-fraud provisions by transferring roughly $54 million in client assets from customer accounts to state unclaimed property accounts.
August 11, 2022
A Utah securities firm faces U.S. Securities and Exchange Commission allegations that it violated federal anti-fraud provisions when it transferred roughly $54 million in client assets from client accounts to state unclaimed property accounts, the regulator has announced.