NM Banking Department

NM Securities Division Warns Public About Halloween Fraud

The New Mexico Securities Division issued an alert warning consumers about AI-powered investment scams involving deepfakes, cryptocurrency payment requests, and impersonation of government officials or financial experts. The alert provides six fraud prevention tips and contact information for reporting suspicious activity. No new compliance obligations are imposed on regulated entities.

Mandatory Recall of GH Kush Pops Medical Cannabis Lollipops for Exceeding THC Limit

The New Mexico Cannabis Control Division ordered a mandatory recall of GH LLC's "GH Kush Pops" medical cannabis lollipops after finding the product contained 200 mg total THC per package (two 100 mg lollipops), exceeding the state limit of 50 mg THC per serving. Licensed retailers are required to immediately remove the product from shelves. No health-related complaints have been reported.

State Marks National Consumer Protection Week With Fraud Prevention Push

The New Mexico Securities Division issued a press release marking National Consumer Protection Week (March 1-7), highlighting that New Mexicans made 10,638 fraud reports to the FTC in 2025 totaling $50.7 million in losses. The division is urging residents to verify financial professionals via brokercheck.finra.org, be cautious of unsolicited cryptocurrency investment offers, recognize phishing and cyber scams, and report fraud to the Securities Division. The announcement promotes participation in FTC-sponsored fraud prevention events and webinars.

Public Hearing on Amendments to NM Construction Codes 14.6.4-14.9.5 NMAC

The New Mexico Construction Industries Division announces a public hearing on April 21, 2026, to receive comments on proposed amendments to nine sections of the New Mexico Administrative Code. Proposed changes include amendments to journeyman certification requirements (14.6.4 NMAC), inspector qualifications and medical gas inspector re-certification (14.6.5 NMAC), and license classifications for residential and commercial plumbing, HVAC, hydronics, fuel gas, process piping, fire suppression and sprinkler systems (14.6.6 NMAC). Multiple 2021 building codes would be repealed and replaced with 2024 versions, and a new 2024 Medical Gas Code would be adopted.