Division of Banking and Securities

Enforcement Actions

Welcome to the Enforcement Actions webpage.

Enforcement actions are organized by year.  Clicking on the year will show you all orders issued that year.  To search for a specific Order you may enter the business name, order number, or other relevant word or phrase into the Search Box in the upper right hand corner of this webpage and click the "search" button.  When using the Search Box, make sure the radio button next to DCCED-DBS is selected. 

Generally, orders ending with -B are Banking orders, orders ending with -S are Securities orders, and orders ending with -C are Consumer Finance orders. 

If you are looking for older orders, or know of a specific order issued by the Division but you cannot locate it on our website, please contact the Division. 

2014
  • 14-100-S, 04/17/14, Abbey Capital Multi Manager Fund, Ltd., Order Imposing a Civil Penalty and Consent to Order
  • 11-724-S, 3/24/14, Sage Financial LLC; Matthew A McLaren, dba Sage Financial, a sole proprietorship; Matthew A McLaren; and James E. Livingston, Cease and Desist, Imposing Permanent Bar, Denying use of Exemptions Assessing a Civil Penalty and Consent to Order
  • 14-149-C, 3/14/14, Bill.com, Inc. dba BDC Payment Services, Inc., Order to Cease and Desist, Assessing Civil Penalties and Consent to Order
  • 12-029-S, 2/19/14, VirtualMetrix, Inc., Order Imposing a Civil Penalty and Consent to Order
  • 13-1095-S, 2/03/2014, Fortune Oil & Gas, LLC, Russell L. Vera and R. Gerald Bailey, Final Cease and Desist Order Assessing Civil Penalties
  • C5000-10-014-C, 1/27/2014, First Rate Financial, LLC, Order to Cease and Desist, Assessing Civil Penalties and Consent to Order
  • 13-580-C, 1/24/2014, Donald D. Dyer, Order Imposing Civil Penalty and Consent to Order
2013
  • 13-2136-C, 12/31/2013, McKinley Mortgage Company, LLC, Charles Preston, and Tobias Preston; Order to Surrender Mortgage License and Mortgage Loan Originator License, Pay Late Filing Fees, Imposing a Civil Penalty and Consent to Order
  • 13-1246-S, 12/11/2013, James Thomas Gonski individually and dba Valley Financial Services, Order to Cease and Desist, Assessing Civil Penalties, and Consent to Order
  • 13-2031-S, 12/10/2013, Daniel Digiacomo, Final Cease and Desist Order
  • 13-764-S, 12/4/2013, Fractal Medical Solutions, Inc. and Fractal OnCall Solutions, LLC, Order to Cease and Desist, and Consent to Order
  • 13-1986-C, 11/18/2013, D Trade, Inc and Dinar Trade, Inc., Order to Cease and Desist, Assessing a Civil Penalty, and Consent to Order
  • 13-1399-S, 10/31/2013, RBC Capital Markets, LLC, Administrative Consent Order
  • 13-1828-S, 10/14/2013, UBS Financial Services, Inc., Cease and Desist Order, Assessing Civil Penalties and Consent to Order
  • 11-805-4-B,10/01/13, Geneva Roth Ventures, Inc., Geneva Roth Capital, Inc., Oakmont Funding, Inc., Mark E. Curry, LoanPointUSA and LoanPointUSA.com, Dismissal of Mark E. Curry
  • 11-805-3-B, 9/30/2013, Geneva Roth Ventures, Inc., Geneva Roth Capital, Inc., Oakmont Funding, Inc., Mark E. Curry, LoanPoint USA and LoanPointUSA.com, Consent Order
  • 11-708-S, 9/30/2013, Arbor Capital Management, Inc.,Robert D. Sheldon, and Matthew B. Kolesky, Order to Cease and Desist, Assessing Civil Penalty and Consent To Order
  • 12-678-S, 8/1/2013, Challenger Mining, LLC, Order to Cease and Desist, Assessing Civil Penalty, and Consent to Order
  • Settlement Agreement - Amerisave Mortgage Corporation, 7/31/13, Amerisave Mortgage Corporation
  • 12-0947-S, 6/7/2013, Michael Claiborne, Order Imposing Permanent Bar, Denying Use of Exemptions and Consent to Order
  • 12-1146-S, 6/6/2013, Qanirtuuq, Inc., Order to Cease and Desist and Consent to Order
  • 12-1590-S, 5/7/2013, Alaska Gold Venture, LLC, Order to Cease and Desist, Assessing Civil Penalties and Consent to Order
  • 11-860-S, 4/17/13, Morgan Keegan & Company, Inc., Morgan Asset Management, Inc., Administrative Consent Order
  • 12-0915-S, 3/15/2013, Sea Lion Corporation, Order Imposing Prefiling Requirement, Assessing a Civil Penalty and Investigation Costs, and Consent to Order
  • 12-0815-S, 2/19/2013, Touchstone Funds Group Trust, Order Imposing a Civil Penalty and Consent To Order
  • 12-899-S, 1/29/2013, Uvest Financial Services Group, Inc., Cease and Desist Order, Assessing Civil Penalties and Consent to Entry of Order
2012
  • 12-900-S, 12/17/2012, ProEquities, Inc., Cease and Desist Order, Assessing Civil Penalties and Consent To Order
  • 12-898-S, 11/21/2012, Bankers Life and Casualty Company and BLC Financial Services, Inc., Cease and Desist Order, Assessing Civil Penalty and Consent To Order
  • 12-827-S, 11/13/2012, Gana-A ‘Yoo, Limited, Order to Cease and Desist, Imposing Prefiling Requirement Assessing Investigation Costs and Consent To Order
  • 11-250-S, 9/13/2012, ICON Funds, Inc., Order Assessing Civil Penalty and Consent To Order
  • 11-736-S, 9/6/2012, Raymond James & Associates, Inc. and Raymond James Financial Services, Inc., Administrative Consent Order
  • 11-838-S, 8/20/2012, Doppelganger Productions, LLC, Order Assessing Civil Penalty And Consent To Order
  • 11-1247-S, 5/17/2012, E*TRADE Securities LLC, Administrative Consent Order
  • Settlement Agreement - James B. Nutter & Company, 03-19-2012, James B. Nutter & Company
  • 11-815-S, 1/30/2012, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Administrative Consent Order
2011
  • 10-05-S, 06/13/2011, The 13th Regional Corporation, Final Order to Cease and Desist and to Prefile Materials
  • 10-1035-C, 10/10/2011, CashCall Incorporated, Consent Order
  • 10-08-S, 01/28/2011, Morgan Stanley & Co. Incorporated, Administrative Consent Order
  • 10-14-S, 01/18/2011, Goldman, Sachs & Co., Administrative Consent Order
  • 10-20-S, 01/4/2011, CA Gold, LLC, Consent Order
2010
  • 10-15-S, 12/23/2010, Deutsche Bank, Administrative Consent Order
  • 10-11-S, 12/14/2010, Banc of America Securities, LLC. and Banc of America Investment Services, Inc., Administrative Consent Order
  • 10-10-S, 12/14/2010, UBS Securities, LLC. and UBS Financial Services Inc., Administrative Consent Order
  • 10-16-S, 11/23/2010, RBC Capital Markets Corporation, Administrative Consent Order
  • 10-12-S, 11/05/2010, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Administrative Consent Order
  • 10-17-S, 11/04/2010, Wells Fargo Investments, LLC., Administrative Consent Order
  • 10-19-S, 10/28/2010, TD Ameritrade, Inc., Administrative Consent Order
  • 10-18-S, 10/27/2010, Stifel, Nicolaus & Company, Inc., Administrative Consent Order
  • 10-13-S, 10/26/2010, JPMorgan Chase & Co., Administrative Consent Order
  • 10-07-S, 10/19/2010, Wachovia Securities, LLC., and Wachovia Capital Markets, LLC., Administrative Consent Order
  • 10-09-S, 10/4/2010, Credit Suisse Securities (USA) LLC., Administrative Consent Order
  • 5000-10-013-C, 8/25/2010, Shelton Barber, Consent Order
2009
    The Division issued no enforcement orders in 2009.
2008
    The Division issued no enforcement orders in 2008.
2007
  • 07-01-S, 2/23/2007, Robert Burk, Final Order to Cease and Desist and Imposing a Prefiling Requirement
2006
  • 06-09-S, 6/27/2006, The 13th Regional Corporation, Consent Order
  • 06-02-S, 3/9/2006, Index Analysis Pool, LP, Index Analysis Services, George Heffernan, aka George W. Marshall, General Partner and Fund Manager, Final Order to Cease and Desist and for the Payment of a Fine
2005
  • 06-06-S, 11/02/05, Outlook Inc. an Alaska Corporation doing business as Outlook Financial Services and Sheila D. Miller, President, Sheila D. Miller, individually, Consent Agreement
  • 05-02-S, 3/9/05 Chugach Alaska Corporation and Chugach for the Future Committee, Order Approving Withdrawal of Complaints,
2004
    The Division issued no enforcement orders in 2004.
2003
  • 04-09-S, 10/30/03, Citigroup Global Markets, Inc., Consent Order
  • 03-04-S, 10/29/03, Edward D. Jones and Co., LP, and Peter Van Flein, Consent Order
  • 04-12-S, 10/10/03, Corporate Property Associates 15 Inc., Summary Disallowance of Exemption
  • 04-08-S, 09/11/03, Credit Suisse First Boston LLC, Consent Order
  • 04-03-S, 09/11/03, J.P. Morgan Securities, Inc., Consent Order
  • 04-01-S, 08/29/03, Bear, Stearns & Co., Inc., Consent Order
  • 04-06-S, 08/29/03, US Bancorp Piper Jaffray, Inc, Consent Order
  • 04-07-S, 08/29/03, UBS Warburg, LLC & UBS PaineWebber, Inc, Consent Order
  • 04-04-S, 08/20/03, Lehman Brothers, Inc., Consent Order
  • 04-10-S, 08/01/03, Robert Beans, Sr., Consent Agreement with Robert Beans
  • 03-10-S, 06/27/03, Lotus Management, Global Strategies Ltd., Bud Riley, Loren Poole, Cheryl A. Boos, Final Order
  • 04-02-S, 05/23/03, Goldman, Sachs & Co., Consent Order
  • 04-05-S, 05/23/03, Morgan Stanley & Co., Consent Order
2002
  • 02-06-S, 02/08/02, Frank D. Gruttadauria, Summary Suspension of Agent Registration
2001
  • 02-04-S, 09/28/01, Nu Life Investment Technology and Ken Fisher, Final Order
  • 02-01-S, 11/6/01, Coastal Resources Corporation, Richard F. O'Connor, its president and CEO, and Rose Conant, its secretary, Final Order
2000
  • 00-25-S, 05/09/00, Karen R. Hansen, Consent Agreement