enforcement-orders.html

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.