Regulatory Alerts2023-03-03
Added · Updated
Consent Order: J.A.G. Capital, LLC and Joseph Richard Bozzi
J.A.G. Capital, LLC and Joseph Richard Bozzi are barred from transacting business as a broker-dealer or investment adviser in Connecticut for ten years and must cease and desist from violating the Connecticut Uniform Securities Act. The Respondents must jointly and severally pay $7,500 in restitution to three investors through monthly installments starting upon signing the order and continuing through September 2023. A $20,000 administrative fine is temporarily stayed for three years, becoming immediately payable if the Commissioner determines the Respondents are able to pay or if material misstatements are discovered in their financial affidavit. Failure to comply with the restitution schedule or other terms triggers a $40,000 fine and permanent enforcement of the cease and desist order.