Securities & Markets

Montana CSI Securities and Insurance Enforcement Actions

The Montana Commissioner of Securities and Insurance (CSI) has listed multiple securities and insurance enforcement actions on its website. These actions include consent agreements and final orders against various companies for alleged violations of Montana's Insurance Code and Securities Act.

Montana Securities Act Overview

The Montana Securities Division provides an overview of the Montana Securities Act, emphasizing its role in investor protection, capital formation, and promoting uniformity among states. The page highlights key statistics for broker-dealer firms, capital approved, and issuer filings in Montana.

Montana Securities Fraud Reporting and Investigation

The Montana State Auditor, Commissioner of Securities and Insurance has updated its website to provide information on reporting securities fraud, investment theft, Ponzi schemes, and pyramid schemes. The agency encourages consumers and professionals to report suspected fraud through their online or paper complaint forms.

Enduro Capital Partners Fined $25,000 for Securities Violations

The Pennsylvania Department of Banking and Securities has fined Enduro Capital Partners, LLC (ECP) $25,000 for failing to keep its Form ADV current and accurate. ECP must pay the fine in installments through November 2028.

Clear Capital Management Consent Order for Securities Violations

The Pennsylvania Department of Banking and Securities has issued a consent order against Clear Capital Management LP for violations of the Pennsylvania Securities Act of 1972. Clear Capital failed to file required audited balance sheets for fiscal years 2020-2024. The firm agreed to pay a $25,000 administrative assessment.

Marsden Capital Management Fined $12,500 for Securities Violations

The Pennsylvania Department of Banking and Securities has issued a Consent Agreement and Order against Marsden Capital Management, LLC, assessing a $12,500 penalty for violations of the Pennsylvania Securities Act of 1972. The violations stem from the failure to disclose outside business activities on the company's Form U-4.

Keitz Investment Management Fined $12,000 for Securities Violations

The Pennsylvania Department of Banking and Securities has fined Keitz Investment Management, Ltd. (KIM) $12,000 for failing to keep its Form ADV filings current and accurate. KIM has agreed to a payment plan for the administrative assessment.

CFTC and States v. Safeguard Metals LLC - Securities Enforcement

The Commodity Futures Trading Commission (CFTC) and multiple states have reached a settlement with Safeguard Metals LLC and its principal, Jeffrey Ikahn. The settlement includes a $2.8 million civil penalty for alleged violations of the Commodity Exchange Act and state securities laws.

Pankaj Dayo Motwani Settles Securities Violations with Oregon DFR

The Oregon Division of Financial Regulation has issued a Consent Order against Pankaj Dayo Motwani for alleged securities violations. The order includes findings of fact, conclusions of law, and assesses civil penalties, denies use of exemptions, and bars Motwani from financial services business activities.

Oregon Division of Financial Regulation v. Quantum Corp. Technologies - Default Order

The Oregon Division of Financial Regulation has issued a default order against Quantum Corp. Technologies (QCT) and Jacqueline Hudson Parsons. The order includes a cease and desist, denial of exemptions, civil penalties, and restitution, entered by default against QCT due to failure to ratify a hearing request.