Regulatory Alerts2025-12-31
Added · Updated
Winter 2025 Securities Bulletin
The Connecticut Department of Banking issued enforcement actions and consent orders against multiple entities for securities violations, including D & M Group, LLC for $5.7 million in fraudulent sales and Tyr Partners LP for unregistered advisory activities. Several broker-dealers, including Stifel, TD Ameritrade, Edward D. Jones, and Ceros Financial Services, were fined and required to provide restitution for charging unreasonable commissions exceeding 5% or failing to maintain adequate supervisory procedures. Additional penalties were imposed on Anderson Accounting & Finance LLC for unregistered investment advice and fraud, while Edge Partners Capital, Ondo Capital Management, and Osaic Wealth faced fines for registration and filing deficiencies.