Enforcement · DOBS · 2 Apr 2026

Consent Agreement and Order Regarding National Watch & Diamond Exchange Inc.

The Pennsylvania Department of Banking and Securities issued a Consent Agreement and Order against National Watch & Diamond Exchange Inc. for violating the Pawnbroker License Act. The entity agreed to pay a $10,000 fine and implement a compliant electronic reporting system for pawnbroker transactions. Additionally, the company must maintain accurate records and submit to future audits to ensure ongoing regulatory compliance.

PennsylvaniaPennsylvania Department of Banking and Securities

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Source: Pennsylvania Department of Banking and Securities — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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