Salinas, Nguyen Barred from Brokerage for Investment Fraud

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 105174 / April 8, 2026 ADMINISTRATIVE PROCEEDING File No. 3-22623 In the Matter of ORDER INSTITUTING ADMINISTRATIVE PROCEEDINGS DANNY M. SALINAS and PURSUANT TO SECTION 15(b) OF THE MAI T. NGUYEN, SECURITIES EXCHANGE ACT OF 1934, MAKING FINDINGS, AND IMPOSING Respondents. REMEDIAL SANCTIONS

The Securities and Exchange Commission ("Commission") deems it appropriate and in the public interest that public administrative proceedings be, and hereby are, instituted pursuant to Section 15(b) of the Securities Exchange Act of 1934 ("Exchange Act") against Danny M. Salinas ("Salinas") and Mai T. Nguyen ("Nguyen") (together, "Respondents").

In anticipation of the institution of these proceedings, Respondents have submitted Offers of Settlement (the "Offers") which the Commission has determined to accept. Solely for the purpose of these proceedings and any other proceedings brought by or on behalf of the Commission, or to which the Commission is a party, and without admitting or denying the findings herein, except as to the Commission's jurisdiction over them and the subject matter of these proceedings and the findings contained in paragraph III.2 below, which are admitted, Respondents consent to the entry of this Order Instituting Administrative Proceedings Pursuant to Section 15(b) of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions ("Order"), as set forth below.

III.

On the basis of this Order and the Respondents' Offers, the Commission finds that:

1. Respondents Salinas and Nguyen, both age 69, are a married couple residing in Huntington Beach, California. Between 2017 and April 2019, Salinas and Nguyen were employed as salespersons for The Church for the Healthy Self a/k/a CHS Trust ("CHS"), a Texas

corporation that purported to operate as a church out of a strip mall in Westminster, California,

and which was not registered with the Commission in any capacity. Neither Salinas nor Nguyen hold any securities licenses and neither is registered with the Commission in any capacity.

1. On May 16, 2025, a judgment was entered by consent against Salinas and Nguyen, permanently enjoining them from future violations of Sections 10(b) and 15(a) of the Exchange Act and Rule 10b-5 thereunder, and Sections 5(a), 5(c), and 17(a) of the Securities Act of 1933 ("Securities Act"), as set forth in the judgment entered in the civil action entitled

Securities and Exchange Commission v. Kent R.E. Whitney, et al., Civil Action Number 8:19-

CV-0499-KES, in the United States District Court for the Central District of California, Southern Division.

1. The Commission's amended complaint ("complaint") alleged that during the relevant period, on behalf of CHS and in connection with the offer and sale of investments in a purported charitable trust, Salinas and Nguyen falsely represented to investors that their funds were invested, annual returns were tax deductible, guaranteed, and insured with no risk of loss, and otherwise engaged in a variety of conduct which operated as a fraud and deceit on investors. The complaint further alleged that Salinas and Nguyen received transaction-based compensation in the form of commissions, and that neither was registered as a broker or associated with a registered broker-dealer during the relevant period.

In view of the foregoing, the Commission deems it appropriate and in the public interest to impose the sanctions agreed to in Respondents' Offers.

Accordingly, it is hereby ORDERED pursuant to Section 15(b)(6) of the Exchange Act,

that Respondents be, and hereby are barred from association with any broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization; and Any application for reentry by the Respondents will be made to the appropriate self- regulatory organization, or if there is none, to the Commission by contacting the Division of Enforcement's Office of Chief Counsel at ENF-Reentry@sec.gov, and will be subject to the applicable laws and regulations governing the reentry process. Reentry may be conditioned upon a number of factors, including, but not limited to, compliance with the Commission's order and payment of any or all of the following: (a) any disgorgement or civil penalties ordered by a Court against the Respondents in any action brought by the Commission; (b) any arbitration award related to the conduct that served as the basis for the Commission order; (c) any self- regulatory organization arbitration award to a customer, whether or not related to the conduct that served as the basis for the Commission order; and (d) any restitution order by a self- regulatory organization, whether or not related to the conduct that served as the basis for the Commission order. By the Commission. Vanessa A. Countryman Secretary