Regulatory Alerts2025-08-11
Pennsylvania Department of Banking and Securities Consent Agreement with GDS Investments, LLC
The Pennsylvania Department of Banking and Securities issued a Consent Agreement and Order against GDS Investments, LLC for failing to maintain required client written agreements as mandated by the Pennsylvania Securities Act of 1972. GDS agreed to pay a $5,000 administrative assessment within ninety days and to comply with record-keeping regulations without admitting or denying the allegations. The order waives GDS's right to a hearing or appeal and reserves the Department's authority to impose additional sanctions for future non-compliance.
Share