Administrative Orders

Year 2014


S-14-0068-14-OR02
12/23/2014

TEXAS ENERGY MUTUAL, LLC, BOBBY GILLIAM,

STEVE PEREIRA and ANDY STITT

A consent order issued in connection with violations of the Arkansas Securities Act, specifically the sale of unregistered securities, employing unregistered agents of the issuer and acting as unregistered agents of the issuer.

C-14-0104-14-OR01
12/23/2014

LICENSURE OF JOHN SCOTT WOOD

WITH STATE FARM BANK, F.S.B.

Order approving licensure of John Scott Wood with State Farm Bank, F.S.B.

S-14-0041-14-OR01
12/16/2014

LEONID YUROVSKY

A consent order entered in connection with violations of the Arkansas Securities Act and Rules of the Arkansas Securities Commissioner.

S-13-0112-14-OR03
12/9/2014

SALVATORE GIOE

Consent order entered in connection with violations of the Arkansas Securities Act and Rules of the Arkansas Securities Commissioner.

S-14-0100-14-OR01
12/1/2014

FOUNDATION DB, INC.

Consent order entered in connection with a filing violation of the Arkansas Securities Act and Rules of the Arkansas Securities Commissioner as a notice filer for covered securities failed to file its Form D with the Department within the required time frame after the first sale in Arkansas.

S-12-0010-12-OR03
11/25/2014

IVOL R. GREEN, ENTERPRISE WORLD TRUST, LLC, GATEKEEPER INVESTMENT GROUP, LLC, JAMES W. STRICKHAUSEN, DAVID E. EVANS and LAMECH KAMUZA

A cease and desist order issued in connection with the offer and sale of unregistered securities issued by Enterprise World Trust, LLC. The order includes findings of securities fraud, the sale of unregistered securities, acting as an unregistered broker-dealer, acting as an unregistered agent of a broker-dealer, acting as an unregistered agent of an issuer and employment of an unregistered agent. The order sets a hearing on the request of the Staff of the Arkansas Securities Department for fines totaling $100,000 against Ivol R. Green.

S-14-0095-14-OR02
11/24/2014

RIVERSIDE LEASE, LLC, SCHAFER FINANCIAL SERVICES, SCHAFER FINANCIAL AND TERINA CARNEY aka TERINA HUMPHREY aka TERINA SCHAFER

Cease and desist order ordering Riverside Lease, LLC, Schafer Financial Services, Schafer Financial and Terina Carney aka Terina Humphrey aka Terina Schafer ("Carney") to cease all activities in connection with the offer and sale of unregistered securities and for Carney to cease all fraudelent acts.

C-14-0042-14-OR01
11/12/2014

SWANSON SERVICES CORPORATION

Consent order entered in connection with unlicensed money transmission activity in violation of the Arkansas Money Services Act.

S13-0112-14-OR02
11/3/2014

SALVATORE GIOE

Consent order entered in connection with violations of the Arkansas Securities Act and Rules of the Arkansas Securities Commissioner.

S-14-0071-14-OR01
10/31/2014

ZACHARY TURNER

Consent order entered denying registration of Zachary Turner as a broker-dealer agent with PFS Investments, Inc.

C-14-0098-14-OR01
10/28/2014

LICENSURE OF PATRICK CARTER FORD

WITH STATE FARM BANK, F.S.B.

Order approving licensure of Patrick Carter Ford with State Farm Bank, F.S.B.

S-14-0094-14-OR01
10/15/2014

SCOTT BRIAN PAGE

Order approving a limited agent registration for Scott Brian Page.

C-14-0051-14-OR01
10/13/2014

DSI-ITI, LLC

Consent order entered in connection with unlicensed money transmission activity in violation of the Arkansas Money Services Act.

S-12-0102-14-OR02
10/13/2014

NIAZ ELMAZI

Consent order entered in connection with violations of the Arkansas Securities Act and Rules of the Arkansas Securities Commissioner.

C-14-0086-14-OR01
9/24/2014

XCHANGE OF AMERICA, LLC and

XCHANGE OF AMERICA, INC.

Consent order entered in connection with unlicensed money transmission activity in violation of the Arkansas Money Services Act.

S-14-0078-14-OR01
9/23/2014

BRENTWOOD INVESTMENTS, LLC

Consent order entered in connection with a filing violation of the Arkansas Securities Act and Rules of the Arkansas Securities Commissioner as a notice filer failed to file its Form D with the Department within the required time frame after the first sale in Arkansas.

C-14-0093-14-OR01
9/23/2014

LICENSURE OF BRANDY RAY ANN CHEVALLIER

WITH STATE FARM BANK, F.S.B.

Order approving licensure of Brandy Ray Ann Chevallier with State Farm Bank, F.S.B.

S-14-0087-14-OR01
9/12/2014

REGISTRATION OF WILLIAM SWANNER WITH

RIDGEWAY & CONGER, INC.

Order entered granting limited broker-dealer agent registration for William Swanner with Ridgeway & Conger, Inc.

C-14-0083-14-OR01
9/9/2014

LICENSURE OF BRIAN CHRISTOPHER BAILEY

WITH STATE FARM BANK, F.S.B.

Order approving licensure of Brian Christopher Bailey with State Farm Bank, F.S.B.

S-14-0082-14-OR01
9/8/2014

ADDAX MINERALS FUND 2012, LP

Consent order entered in connection with a filing violation of the Arkansas Securities Act and Rules of the Arkansas Securities Commissioner as a notice filer for covered securities failed to file its Form D with the Department within the required time frame after the first sale in Arkansas.

S-14-0077-14-OR01
9/8/2014

SNOOPWALL, LLC

Consent order entered in connection with a filing violation of the Arkansas Securities Act and Rules of the Arkansas Securities Commissioner as a notice filer for covered securities failed to file its Form D with the Department within the required time frame after the first sale in Arkansas.

S-11-0301-14-OR02
9/5/2014

RANDALL R. LYLE; NORTHWESTERN VENTURES, LLP,

AND SOUTH PLATTE ENERGY, LLC

A cease and desist order issued in connection with the sale of unregistered securities and securities fraud.

S-14-0081-14-OR01
8/28/2014

AXXESS COMPOUNDING, LP

Consent order entered in connection with a filing violation of the Arkansas Securities Act and Rules of the Arkansas Securities Commissioner as a notice filer for covered securities failed to file its Form D with the Department within the required time frame after the first sale in Arkansas.

C-14-0076-14-OR01
8/26/2014

LICENSURE OF DENNIA DEON BEARD WITH

STATE FARM BANK, F.S.B.

Order approving licensure of Dennia Deon Beard with State Farm Bank, F.S.B.

S-14-0079-14-OR01
8/25/2014

OXFORD CITY FOOTBALL CLUB, INC.

Consent order entered in connection with a filing violation of the Arkansas Securities Act and Rules of the Arkansas Securities Commissioner as a notice filer for covered securities failed to file its Form D with the Department within the required time frame after the first sale in Arkansas.

C-14-0073-14-OR01
8/14/2014

CITIMORTGAGE, INC.

An order pertaining to violations of the Arkansas Fair Mortgage Lending Act concerning unlicensed mortgage loan servicing activity.

S-14-0019-14-OR02
8/11/2014

WILLIAM DAVID CRAIN

Consent order entered concerning multiple violations of the Arkansas Securities Act and Rules of the Arkansas Securities Commissioner.

S-14-0002-14-OR01
8/1/2014

JIMMY EARL POWER, JR.

Consent order for denial of application for and revocation of broker-dealer agent registration for violations of the Arkansas Securities Act and the Rules of the Arkansas Securities Commissioner.

S-14-0024-14-OR02
7/31/2014

TRENT A. DODDS

A consent order entered in connection with acting as an unregistered investment adviser ( a violation of Ark. Code Ann. §§ 23-42-304(a)) and engaging in an act, practice or course of business that operates or would operate as a fraud or deceit upon another person (violations of Ark. Code Ann. §§ 23-42-307(2) and 23-42-507(3)).

C-14-0070-14-OR01
7/28/2014

FINANCIAL CONCEPTS MORTGAGE ARKANSAS, LLC

Consent order entered in connection with unlicensed mortgage broker and banker activity in violation of the Arkansas Fair Mortgage Lending Act.

S-14-0034-14-OR01
7/28/2014

J.P. MORGAN SECURITIES, LLC

Consent order entered in connection with violations of the Arkansas Securities Act and the Rules of the Arkansas Securities Commissioner.

S-13-0112-14-OR01
7/23/2014

EDWARD RAYMOND SEGUR III

Consent order entered in connection with violations of the Rules of the Arkansas Securities Commissioner.

C-14-0072-14-OR01
7/22/2014

LICENSURE OF MATTHEW MCCARTY

WITH STATE FARM BANK, F.S.B.

Order approving licensure of Matthew McCarty with State Farm Bank, F.S.B.

S-14-0024-14-OR01
7/15/2014

CHRISTY D. COFFMAN

A consent order entered in connection with acting as an unregistered investment adviser ( a violation of Ark. Code Ann. §§ 23-42-304(a)) and engaging in an act, practice or course of business that operates or would operate as a fraud or deceit upon another person ( violations of Ark. Code Ann. §§ 23-42-307(2) and 23-42-507(3)).

S-13-0095-14-OR01
7/7/2014

EVERTON ALEXANDER MURDOCK

A cease and desist order entered in connection with unregistered broker-dealer agent activity committed in violation of the Arkansas Securities Act.

S-14-0050-14-OR01
7/2/2014

MICHAEL T. BONGIORNO

Order approving a limited agent registration for Michael T. Bongiorno.

C-14-0052-14-OR01
7/1/2014

LICENSURE OF HEATHER HAYMON DOUCET

WITH STATE FARM BANK, F.S.B.

Order approving licensure of Heather Haymon Doucet with State Farm Bank, F.S.B.

S-12-0015-14-OR07
6/23/2014

VFG, LLC, f/k/a VOYAGER FIANCIAL GROUP, LLC and ANDREW GAMBER

Consent Order requiring restitution to two Arkansas investors and directing the respondents to stop the offer and sale of unregistered securities in Arkansas and to refrain from selling securities through the use of misstatements and omissions of material information in violation of the Act. This Order affirms two prior cease and desist orders against respondents, Order Nos. S-12-0015-13-OR02 and S-12-0015-14-OR06

S-14-0048-14-OR02
6/19/2014

ENVIRALIZER, INC. AND WAYNE A. HICKS, SR.

A cease and desist order directing the respondents to cease and desist offering unregistered securities until such time as the securities are properly registered or shown to be exempt from registration.

S-11-0244-14-OR02
4/29/2014

MICHAEL HAZEN MARTIN

Consent order entered in connection with Martin's actions as an investment adviser representative and the replacement of securities with equity indexed annuities.  The order includes findings of securities fraud as defined in Ark. Code Ann. § 23-42-307 and violations of Rules 302.02(c)(3), 308.02(m)(4), Rules of the Arkansas Securities Commissioner; and violation of fiduciary duty.  Martin is suspended for one year, fined $50,000 and permitted to re-apply after the one-year suspension under certain conditions.

 

S-14-0036-14-OR01
4/29/2014

DENNIS OFFICER

Consent order entered in connection with the registration of Dennis Officer as a representative of Lexington Research and Capital Group, LLC, an SEC registered investment adviser.

S-14-0028-14-OR01
4/22/2014

ECKARD GLOBAL, LLC

Consent order entered in connection with a filing violation of the Arkansas Securities Act. and Rules of the Arkansas Securities Commissioner as a notice filer for covered securities failed to file its Form D with the Department within the required time frame after the first sale in Arkansas.

S-13-0092-14-OR01
4/15/2014

CURA CONSULT & ASSOCIATED COMPANIES

AND MICHAEL G. SHOOK 

A cease and desist order directing the respondents to stop the offer or sale of unregistered securities in Arkansas and to refrain from committing fraud or deceit in connection with the offer or sale of any security in Arkansas.

C-14-0033-14-OR01
4/9/2014

LICENSURE OF MAX R. GARNETT

WITH STATE FARM BANK, F.S.B.

Order approving licensure of Max R. Garnett with State Farm Bank, F.S.B.

S-14-0029-14-OR01
4/2/2014

 

SYCAMORE PARTNERS FUND I, LP

Consent order entered in connection with a filing violation of the Arkansas Securities Act and Rules of the Arkansas Securities Commissioner as a notice filer for covered securities failed to file its Form D with the Department within the required time frame after the first sale in Arkansas.

C-13-0136
3/28/2014

D TRADE, INC.

Consent order entered in connection with unlicensed currency exchange activity in violation of the Arkansas Money Services Act.

S-14-0003-14-OR01
3/28/2014

MALAUZAI SOFTWARE, INC.

Consent order entered in connection with a filing violation of the Arkansas Securities Act and Rules of the Arkansas Securities Commissioner as a notice filer for covered securities failed to file its Form D with the Department within the required time frame after the first sale in Arkansas.

S-13-0041-14-OR02
3/27/2014

A.J.S., LLC and

JOHN SCOTT VISE

Cease and desist order directing the respondents to stop the offer and sale of unregistered securities in Arkansas unless and until the securities are properly registered pursuant to the Arkansas Securities Act, exempt from registration, or a covered security.

S-14-0011-14-OR01
3/27/2014

JEREMIAH CUMMINGS,

FOR HIS GLORY INTERNATIONAL RECORDS,

and DePHIL INTERNATIONAL RECORDS

Cease and desist order directing the respondents to stop the offer and sale of unregistered securities in Arkansas and to refrain from committing fraud or deceit in connection with the offer or sale of any securitiy in Arkansas.

S-12-0015-14-OR06
3/18/2014

VFG, LLC, f/k/a

VOYAGER FINANCIAL GROUP, LLC and

RICHARD YOUNKMAN

Second cease and desist order entered for violations of the Arkansas Securities Act involving misstatements and omissions in the sale of securities.

C-13-0155-14-OR01
3/18/2014

ASSET MANAGMENT HOLDINGS, LLC

Consent order entered in connection with unlicensed mortgage servicer activity in violation of the Arkansas Fair Mortgage Lending Act.

S-14-0012-14-OR01
3/13/2014

INFLATION HEDGED ASSETS, LLC

Consent order entered in connection with a filing violation of the Arkansas Securities Act and Rules of the Arkansas Securities Commissioner as a notice filer for covered securities failed to file its Form D with the Department within the required time frame after the first sale in Arkansas.

S-11-0393-13-OR02
3/11/2014

VISION TECHNOLOGIES, INC.

Consent order entered in connection with the use of general solicitation and/or advertisement in a Rule 506 offering in violation of Rule 502(c) of Regulation D.

S-14-0019-14-OR01
2/28/2014

WILLIAM DAVID CRAIN

A temporary order of suspension for failure and refusal to cooperate during an onsite examination.

C-14-0020
2/26/2014

OCWEN FINANCIAL CORPORATION and

OCWEN LOAN SERVICING, LLC

Consent order entered with Ocwen Financial Corporation and Ocwen Loan Servicing, LLC, in connection with the global settlement (13-cv-2025), for allegations of misconduct related to Ocwen Loan Servicing, LLC's mortgage-servicing practices constituting a violation of the Fair Mortgage Lending Act and the Rules of the Fair Mortgage Lending Act.

S-14-0009-14-OR01
2/18/2014

REGISTRATION OF LARRY CARTER AND JOE HAYS

WITH OLD MAIN ADVISORS, INC.

Order granting limited investment adviser representative registrations.

C-14-0010-14-OR01
2/10/2014

LICENSURE OF SETH TEDDER HOLIFIELD

WITH STATE FARM BANK, F.S.B.

Order approving licensure of Seth Tedder Holifield with State Farm Bank, F.S.B.

S-13-0126-14-OR01
2/5/2014

HFS Arbor Ridge, LP

Consent order entered in connection with a filing violation of the Arkansas Securities Act and Rules of the Arkansas Securities Commissioner as a notice filer for covered securities failed to file its Form D with the Department within the required time frame after the first sale in Arkansas.

S-13-0152-14-OR01
1/22/2014

RELMADA THERAPEUTICS, INC.

Consent order entered in connection with a filing violation of the Arkansas Securities Act and Rules of the Arkansas Securities Commissioner as a notice filer for covered securities failed to file its Form D with the Department within the required time frame after the first sale in Arkansas.

S-13-0142-14-OR01
1/21/2014

EL HADJI SAM GUEYE

A cease and desist order entered in connection with unregistered broker-dealer activity and securities fraud committed in violation of the Arkansas Securities Act.

C-14-0006-14-OR01
1/21/2014

LICENSURE OF ANTHONY BRANDON OTWELL

WITH STATE FARM BANK, F.S.B.

Order approving licensure of Anthony Brandon Otwell with State Farm Bank, F.S.B.

S-13-0138-14-OR01
1/21/2014

ROBERT JOSEPH RUPPERT

A cease and desist order entered in connection with unregistered broker-dealer activity and securities fraud committed in violation of the Arkansas Securities Act.

S-13-0154-14-OR01
1/13/2014

SOLAVEI, LLC

Consent order entered in connection with a filing violation of the Arkansas Securities Act and Rules of the Arkansas Securities Commissioner as a notice filer for covered securities failed to file its Form D with the Department within the required time frame after the first sale in Arkansas.

S-13-0063-13-OR02
1/13/2014

PowerOne CORPORATION

A consent order entered in connection with the offer of unregistered securities, a violation of the Arkansas Securities Act.


< back to year select
 

contact us

Telephone: (501) 324-9260
Facsimile: (501) 324-9268
Hotline: (800) 981-4429
info@securities.arkansas.gov
Browse the ASD Contact Directory
search license database