SEC bars Vean P. Nguyen from broker-dealer association

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 105162 / April 7, 2026 ADMINISTRATIVE PROCEEDING File No. 3-22621 ORDER INSTITUTING In the Matter of ADMINISTRATIVE PROCEEDINGS PURSUANT TO SECTION 15(b) OF THE VEAN P. NGUYEN, SECURITIES EXCHANGE ACT OF 1934, MAKING FINDINGS, AND IMPOSING Respondent. 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 Vean P. Nguyen ("Nguyen" or "Respondent").

In anticipation of the institution of these proceedings, Respondent has submitted an Offer of Settlement (the "Offer") 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 her and the subject matter of these proceedings and the findings contained in paragraph III.2 below, which are admitted, Respondent consents 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 Respondent's Offer, the Commission finds that:

1. Respondent Nguyen, age 42, resides in Huntington Beach, California. Between 2017 and April 2019, Nguyen was employed as a salesperson for The Church for the Healthy Self a/k/a CHS Trust ("CHS"), a Texas corporation that operated as a purported church out of a

strip mall in Westminster, California, and which was not registered with the Commission in any 5

capacity. Nguyen holds no securities licenses and is not registered with the Commission in any capacity.

1. On June 2, 2025, a judgment was entered by consent against Nguyen, permanently enjoining her 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, Nguyen falsely promised investors that their funds were invested, falsely promised exorbitant annual returns that 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 Nguyen received transaction-based compensation in the form of commissions, and that she was not 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 Respondent Nguyen's Offer.

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

that Respondent Nguyen be, and hereby is 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 Respondent 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 Respondent 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