An order granting Stephen L. Shields conditional registration as a broker-dealer agent with Carty and Company, Inc.
ACI Payments, Inc.
10/17/2023
Settlement Agreement and Consent Order entered in connection with ACI Payments Inc., erroneously initiating electronic transactions in violation of the Uniform Money Services Act.
Raymond James & Associates, Inc., and Raymond James Financial Services, Inc.
10/03/2023
A consent order entered in connection with failing to establish and maintain a supervisory system that is reasonably designed to achieve compliance with securities laws and regulations pursuant to Ark. Code Ann. §§ 23-42-301(f) and 23-42-308(a)(2)(J), and Rule 301.01(c).
True Bullion, LLC d/b/a Gold Silver International Exchange, d/b/a GSI Exchange, and Anthony Allen Anderson
08/28/2023
A Consent Order regarding unregistered investment adviser activity and untrue statements of material fact made in connection with the sale of precious metals in Arkansas by True Bullion, LLC d/b/a GSI Exchange (“True Bullion”). The Consent Order finds that True Bullion will offer a refund to those investors who purchased precious metals prior to July 22, 2021. This order settles the Cease and Desist Order No. S-21-0009-22-OR02 entered against True Bullion on February 9, 2022.
Stephens Inc.
07/25/2023
Order granting a discretionary waiver of Rule 302.02(m)(1)(A) of the Rules of the Arkansas Securities Commissioner pursuant to Rule 302.02(m)(7) for certain research analysts and associates required to register as investment adviser representatives of Stephens Inc. (CRD# 3496) as a result of the European Union’s Market in Financial Instruments Directive II (MiFID II).
Robinhood Financial LLC
07/06/2023
A Consent Order entered in connection with failing to establish and maintain supervisory systems, misrepresenting risks associated with multi-leg spread options, and failing to report customer complaints.
ArkBit Capital LLC, BeefyBit Capital LLC, and NanoX Invest LLC
06/01/2023
A Cease and Desist Order directing ArkBit Capital LLC, BeefyBit Capital LLC, NanoX Invest LLC, and related persons or entities, to immediately cease and desist from the fraudulent and unregistered offer and sale of securities in Arkansas and from acting as an unregistered issuer.
Daommo, Inc., dba Surfboard
05/15/2023
A Consent Order entered against an issuer of securities exempt pursuant to Ark. Code Ann. section 23-42-504(a)(13) and Rule 504.01(a)(13)(N) for a late filing with the Department.
Stonehenge Technology Labs, Inc.
02/03/2023
A Consent Order entered against an issuer of securities exempt pursuant to Ark. Code Ann. section 23-42-504(a)(13) and Rule 504.01(a)(13)(N) for a late filing with the Department.