SEC: ALJ Initial Decisions

SEC v. Horter Investment Management, LLC - Initial Decision

The SEC issued an Initial Decision censuring Horter Investment Management, LLC and imposing a supervisory collateral bar on Drew K. Horter. The decision also orders civil penalties of $250,000 against Horter Investment and $125,000 against Drew K. Horter.

SEC Suspends American CryptoFed DAO LLC Registration Statement

The SEC has suspended the effectiveness of American CryptoFed DAO LLC's registration statement via an Initial Decision. This stop order action stems from the omission of required information, including audited financial statements, and misleading statements within the filing.

SEC Initial Decision on Nano Magic Inc. EAJA Application

The SEC's Chief Administrative Law Judge denied Nano Magic Inc.'s application for attorney fees and costs under the Equal Access to Justice Act. The decision found that a proceeding to terminate a trading suspension is not an adversary adjudication under the Administrative Procedure Act, making the company ineligible for recovery.

SEC Dismisses Proceeding Against Epic Capital Wealth Advisors

The SEC has dismissed its proceeding against Epic Capital Wealth Advisors, LLC, and granted its application for registration as an investment adviser. The Division of Enforcement had sought to deny the application based on allegations concerning the conduct of its president, David M. Anthony.

SEC Initial Decision on Remand: Epic Capital Wealth Advisors, LLC

The SEC issued an initial decision on remand concerning the registration application of Epic Capital Wealth Advisors, LLC. The decision addresses whether the firm meets the requirements for registration as an investment adviser and is not prohibited from registering under Section 203A of the Investment Advisers Act of 1940.