Thomas A. Vigil - Consent Agreement

Detected March 17th, 2026

Summary

The State of Rhode Island Securities Division has entered into a consent agreement with Thomas A. Vigil. The agreement addresses alleged violations of securities regulations, including unregistered securities and unlicensed activity. Specific sanctions and undertakings are outlined.

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What changed

This document details a consent agreement between the State of Rhode Island Securities Division and Thomas A. Vigil, stemming from alleged violations of securities laws. The agreement specifically addresses charges related to the offer and sale of unregistered securities and acting as an unregistered broker-dealer and investment adviser. The document outlines the findings of the Division and the sanctions imposed upon Mr. Vigil, including a prohibition from associating with any regulated entity in Rhode Island and a requirement to pay restitution and costs.

Regulated entities and individuals in Rhode Island, particularly those involved in broker-dealer or investment adviser activities, should review this agreement to understand the Division's enforcement priorities and the consequences of non-compliance. While this is a specific case, it highlights the importance of ensuring proper registration and adherence to securities offering regulations. Compliance officers should ensure their firms and associated persons are fully compliant with all state registration and securities laws to avoid similar enforcement actions.

What to do next

Review consent agreement for Thomas A. Vigil for specific findings and sanctions.
Ensure all associated persons are properly registered as broker-dealers and investment advisers in Rhode Island.
Verify that all securities offered and sold comply with Rhode Island's registration requirements.

Penalties

Prohibition from associating with any regulated entity in Rhode Island, restitution, and payment of costs.

Source document (simplified)

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AUTHORITY   fa frfr fi  fo   fffi fr   THEREFORE, fo fu fo  rnfu  fafr  

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fo fo        Date: October 20, 2025