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Securities Home

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Welcome to the Colorado Division of Securities

The Division of Securities exists to protect investors and maintain confidence in the securities market, while avoiding unreasonable burdens on the marketplace by licensing securities professionals, enforcing securities law violations, and helping Coloradans become more informed investors.

The Colorado Office of Policy, Research and Regulatory Reform is currently conducting a sunset review of the Division of Securities and the Securities Advisory Board. Analysis is performed to determine if the Division and Board are necessary and should be continued, modified, or repealed. To provide input on this review, please complete this form.

Newsroom

September 16, 2025 -- Denver District Court Judge Heidi L. Kutcher ruled in favor of Colorado Securities Commissioner Tung Chan and found that Eligio Jr. (Eli) and Kaitlyn Regalado of Denver, and INDXcoin LLC committed securities fraud in violation of the Colorado Securities Act.
September 15, 2025 -- Michael Graham was indicted on two counts of securities fraud by a grand jury on August 15, 2025.
June 18, 2025 -- The Denver District Court entered a permanent injunction against BioGreen Technologies, Inc. and its CEO Jorge Oteo on June 6, 2025.