Below you'll find a list of all posts that have been tagged as “Securities”
Defendant spent funds on his personal mortgage, vacations, swingers clubs, luxury items and more Salt Lake City, Utah – Timothy Andrew Nemeckay, 64, of Park City, Utah, was sentenced yesterday to 12 months’ and one day imprisonment, and 24 months supervised release. In September 2023, Nemeckay admitted to wire fraud, which involved misappropriating approximately $1.7 million from investors investing in …
Fee amounts to change for state-issued licenses and registrations from the Division of Securities and Division of Corporations and Commercial Code SALT LAKE CITY (June 14, 2022) – The Utah Department of Commerce announces a reduction in fees for certain business filings and investor industry licensing. Fee reductions amount to an estimated savings of $5.2 million dollars to business owners …
Security is a term used often in financial transactions. Generally speaking, a security is a tool used to generate a financial gain. Most people understand securities to be stocks and bonds and know that special laws apply to securities, but many do not realize that Utah law defines “securities” far more broadly than just stocks or bonds. A security also …