Regulatory Alerts2016-03-31
Added · Updated
Spring 2016 Securities Bulletin
The Connecticut Department of Banking renders permanent an order against Dale Joseph Quesnel, Sr., fining him $600,000 and requiring restitution for violations including selling unregistered securities and making material misrepresentations. The department revokes the broker-dealer registration of Martinez-Ayme Financial Group Incorporated due to FINRA sanctions and issues a notice of intent to revoke Halcyon Cabot Partners, Ltd.'s registration. Additionally, consent orders impose fines and restrictions on Thomas E. Seiler, Q 350 Ely LLC, James P. Quinn, Gary Youm, and Filomeno Wealth Management, LLC for registration violations and engaging unregistered agents. A stipulation requires Peter R. Mack & Co., Inc. to pay $3,870 for unregistered investment advisory activity, while Hoya Capital Real Estate, LLC receives a conditioned investment adviser registration with specific operational restrictions.