The Washington State Department of Financial Institutions (DFI) has issued a Final Order against Isaac Mayanja & Associates and Isaac Nsejjere Mayanja, docketed as S-25-4111-25-FO01. The order revokes the respondents' registration, denies future registrations, and imposes a total of $62,000 in penalties, comprising a $60,000 fine and $2,000 for investigative costs. The DFI found that the respondents engaged in false filings from 2011 to 2025, failed to make timely disclosures, and impeded an examination.

This enforcement action signifies a serious violation of Washington's securities laws, including RCW 21.20.100, RCW 21.20.110, and RCW 21.20.350. Regulated entities, particularly those involved in financial advisory services, should review their disclosure practices and cooperation with examinations. While the respondents have a right to judicial review, the immediate implications include the revocation of their current registration and a ban on future registrations. Non-compliance with securities regulations can lead to significant financial penalties and operational restrictions.