Top Questions and Answers from the Division of Securities

The Division of Securities gets varying questions but the majority fall into one of two categories. Those categories are with the about filing complaints or about licensure.Here are a few of our top complaint questions and their corresponding answers.Complaints:https://securities.utah.gov/enforcement/enforcement-faqs/ Q – If I file a complaint, will the seller of the security know that I filed the complaint?A – When …

Division of Corporations and Commercial Code Answering your Questions

Setting up a business, and navigating all the different aspects that come along with it, can seem intimidating. The Utah Department of Commerce and its Division of Corporations and Commercial Code want to make the process easier by answering your questions so that you can navigate this process smoothly.We are happy to announce our Division of Corporations and Commercial Code …

Clean out the Closets, Dispose of Household Items Safely at Declutter Day

Spring cleaning is underway, but before you just throw everything out, take some time to make sure you’re disposing of things safely and properly. A recent research study found that more than 39 million people fell victim to identity related scams last year. In many situations, people who have their personal information used in fraudulent activities don’t find out until …

Protecting Consumers Through Education and Enforcement

The Utah Department of Commerce’s mission is to “Strengthen trust in Utah’s Commercial Activities.” Our Division of Consumer Protection supports that mission by protecting consumers from commercial harm through education and enforcement. We want to make sure the consumers know how the Division of Consumer Protection can help. Here are the frequently asked questions the Utah Division of Consumer Protection …

You asked, we’re answering: Your top questions about the Division of Real Estate

Every day we get a variety of questions coming into The Utah Department of Commerce. We asked our Divisions what are some of the most commonly asked questions they get and are answering those questions for you over the next couple months on the blog, so stay tuned!Starting with our Division of Real Estate, here are your top questions and …

Women’s History Month

During #WomensHistoryMonth the Department of Commerce has partnered with Better Days 2020 to showcase women in Utah who have positively affected Utah’s commercial activities. Week 1Fanny Brooks We are excited to highlight Isabella (Fanny) Brooks for our first week of #WomensHistoryMonth. Brooks was the first Jewish woman to settle in Utah and became a successful business woman in the new …

Utah Business Owner Sentenced in $200 Million Ponzi Scheme

SALT LAKE CITY, Utah (Mar 8, 2022) – Utah business owner Gaylen Rust will serve 19 years in federal prison for running a $200 million, multi state Ponzi scheme. A U.S. District Court Judge sentenced Rust on Tuesday, ordering him to pay over $153 million to 568 victims spread across the United States. The judge also issued an order of …