Closeup of Christmas gifts under a tree with a stack of 100 dollar bills next to them.

Don’t Let Fraud Steal Your Holiday Cheer!

The holiday season is a time for giving, goodwill, and often, a little extra spending. Unfortunately, this festive atmosphere is also prime time for fraudsters who look to take advantage of our generosity and the general financial distraction of year-end activities. The Utah Division of Securities wants to ensure your investment portfolio and personal finances are secure throughout December. We …

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Utah Man Sentenced to 100 Months in Prison for Multi-Million Dollar Securities Fraud Scheme

The District of Utah’s U.S. District Court sentenced Thomas Paul Madden of Washington City to 100 months in prison for his role in defrauding more than 200 investors of over $23 million. The Utah Division of Securities (“Division”) investigated Madden and his partner, Jeremy Grabow, for allegedly defrauding victims nationwide, including those in California, Colorado, Nevada, and North Dakota. Grabow …

Joseph Gordon-Levitt is announced as a speaker at the 2025 Utah AI Summit.

NEWS RELEASE: Acclaimed Actor, Filmmaker, and Entrepreneur Joseph Gordon-Levitt Joins 2025 Utah AI Summit as Featured Speaker

The founder of HITRECORD will discuss balancing innovation with fundamental safety standards, particularly concerning children SALT LAKE CITY, UT—The2025 Utah AI Summit (Summit), Utah’s Pro-Human Leadership in the Age of AI, is excited to announce that Emmy-winning and Golden Globe-nominated American actor, filmmaker, and entrepreneur Joseph Gordon-Levitt has joined the lineup of featured speakers. Mr. Gordon-Levitt will speak on December 2 at the Salt Palace in …

National penny shortage.

National Penny Shortage: The Business Guide to Cash Rounding

The Utah Division of Consumer Protection acknowledges the challenges businesses may be facing due to the current penny shortage. In consultation with the Utah State Tax Commission and Department of Government Operations, we’ve issued clear guidance to help you navigate this issue seamlessly and in compliance with state law. Essential Guidance on Cash Rounding Cash rounding is a temporary solution …

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NEWS RELEASE: Utah Division of Securities and CFTC Secure Final Judgment Against Precious Metals Firm that Defrauded Elderly Adults

The final judgment against Safeguard Metals LLC and Jeffrey Ikahn orders restitution and a civil monetary penalty; underscores commitment to protect seniors from investment fraud Salt Lake City—Utah’s Department of Commerce’s Division of Securities (Division), represented by the Office of the Utah Attorney General (OAG), today announced that the U.S. District Court for the Central District of California recently entered a …

Division of Securities logo.

Utah Division of Securities and CFTC Secure Final Judgment Against Precious Metals Firm that Defrauded Elderly Adults

The final judgment against Safeguard Metals LLC and Jeffrey Ikahn orders restitution and a civil monetary penalty; underscores commitment to protect seniors from investment fraud  Salt Lake City—Utah’s Department of Commerce’s Division of Securities (Division), represented by the Office of the Utah Attorney General (OAG), today announced that the U.S. District Court for the Central District of California recently entered a …

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INVESTOR ALERT: Bruce Anderson & Robert Yukes

The Utah Division of Securities has issued an Emergency Order, and the Utah Securities Commission has issued an Order of adjudication regarding JTMK Group, Inc., Bruce William Anderson, and Robert Kenneth Yukes of Cache County for engaging in illegal securities activities. Anderson and Yukes have been permanently barred from associating with any licensed broker-dealer or investment adviser in Utah. If …

Join us for the 2025 Utah AI Summit.

NEWS RELEASE: Utah Announces 2025 Utah AI Summit: Utah’s Pro-Human Leadership in the Age of AI

Engage with visionaries and industry leaders in groundbreaking conversations about how Utah is leading the way in the age of AI.  SALT LAKE CITY, UT – Utah will elevate its role in the AI landscape by hosting its 2025 AI Summit, “Utah’s Pro-Human Leadership in the Age of AI,” on Dec. 1-2, 2025, at the Salt Palace in Salt Lake …

2025 Utah Consumer Protection Symposium.

Utah Department of Commerce’s Division of Consumer Protection to Host 2025 Consumer Protection Symposium

Federal Trade Commissioner Melissa Holyoak and Utah Attorney General Derek Brown are among the distinguished speakers. SALT LAKE CITY, UT — The Utah Division of Consumer Protection (Division) is hosting the 2025 Consumer Protection Symposium on Thursday, October 9, 2025. The symposium brings together state and federal regulators, legal experts, and industry professionals to discuss some of the most pressing …