Order entered by the Arkansas Securities Commissioner granting a limited agent registration.
Church Extension Loan Fund, Inc.
03/29/2022
A Consent Order entered concerning the failure to file a proof of exemption pursuant to Ark. Code Ann. Section 23-42-503(a)(7).
BlockFi Lending LLC
03/29/2022
A Consent Order regarding the sale of unregistered securities and an untrue statement of material fact made in connection with the sale of securities in Arkansas. BlockFi Lending LLC agreed to pay an administrative fine of $943,396.22 and perform certain undertakings under the Consent Order.
Danny Yen d/b/a Real Estate Educational Services, Wendy Yen, and Dat Yen a/k/a Pat Yen
03/18/2022
A Consent Order entered against a mortgage education provider in connection with a coordinated mortgage loan office fraud scheme.
Deft, a Series of Jason’s Syndicate, LLC
03/09/2022
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.
Travis Lee Lowe
03/03/2022
Order entered by the Arkansas Securities Commissioner granting a limited agent registration.
Facebook Pay (USA) Limited
03/03/2022
A Cease and Desist Order directing Facebook Pay (USA) Limited to immediately cesae and desist all money transmitter activity in Arkansas until properly licensed.
Palm Beach Capital Corp. and John Townshend
02/17/2022
A Consent Order through which the Respondents agreed to withdraw their registrations in connection with violations of the Arkansas Securities Act related to unsuitable investment advice and violation of fiduciary duty.
True Bullion LLC dba GSI Exchange LLC
02/10/2022
A cease and desist order concerning unregistered, fraudulent investment adviser activity conducted in Arkansas.