Below you'll find a list of all posts that have been tagged as “Securities”
Salt Lake City, Utah – The Utah Department of Commerce’s Division of Securities has announced the appointment of Dr. Roger Silvers to the Utah Securities Commission. Dr. Silvers fills a role designed to complement the four other Commissioners — who represent the securities industry — by providing an explicitly independent perspective, unaffiliated with industry interests. He succeeds Dr. Mark Zimbelman …
The digital age has brought unprecedented convenience and connection, but it has also provided fertile ground for fraudsters to refine timeless investment cons. In 2025, while the core principles of deception remain the same, scammers leveraged new technologies, social engineering tactics, and a climate of economic uncertainty to ensnare unsuspecting individuals. The North American Securities Administrators Association (NASAA) 2025 Enforcement …
The North American Securities Administrators Association (NASAA) is warning investors that bad actors are preparing to unwrap a new generation of sophisticated schemes. Drawing on data from its 2025 Enforcement Report and annual survey of top investor threats, NASAA has identified top investors frauds and threats to watch out for this holiday season. According to NASAA’s 2025 Enforcement Report, state …
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 …
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 …
As the nights grow longer and shadows dance, we often find ourselves contemplating what truly sends shivers down our spines. This Halloween, as you prepare for ghosts and goblins, the Utah Division of Securities wants to shine a light on something far less ephemeral, yet equally capable of conjuring fear: risky investment pitches. In the spirit of the season and …
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 …
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 …
Have you ever considered working as an investment adviser or a broker-dealer? The State of Utah requires its securities professionals to meet certain requirements and obtain proper licensure to launch their careers. The Utah Division of Securities, which falls under the Utah Department of Commerce, is the key authority for managing licensure, and is committed to helping you navigate the …
