Quarterly Securities Industry Newsletter: May 2025
May 29, 2025 -- Learn about the risks of third-party platforms.
Press Release
Alert - Advisory to Colorado-Licensed Investment Advisers Regarding Pontera and Other Platforms Providing Access to Held-Away Client Accounts
May 28, 2025 -- The Examination Staff of the Colorado Division of Securities recommends that state-licensed investment advisers carefully review their use of third-party platforms that provide access to view and trade held-away client assets.
Press Release - Colorado Securities Commissioner Issues Orders to Show Cause against Ten Unregistered Online Investment Firms
February 27, 2025 -- Colorado Securities Commissioner Tung Chan issued three orders to show cause against a total of ten online investment firms that are allegedly engaged in unlicensed securities activities.
Press Release: Colorado Investors With GS Partners May Be Eligible for a Refund Through Claims Process
February 14, 2025 -- The claims process is opening on February 21, 2025.
Quarterly Industry Newsletter: Division Announces 2025 Examination Priorities
February 6, 2025 -- Register for New IAR CE Courses.
Press Release: Colorado Securities Commissioner Joins $17 million multi-state enforcement settlement with Edward Jones
January 21, 2025 -- Colorado Securities Commissioner Tung Chan, a member of the North American Securities Administrators Association (NASAA), has joined a $17 million settlement with Edward D. Jones & Co., L.P. (Edward Jones).
Colorado Securities Commissioner Joins $106 Million Multi-State Settlement with Vanguard over Big Tax Bills, Remediation to Investors
January 17, 2025 -- Colorado Securities Commissioner Tung Chan today announced that Colorado joined a taskforce of state securities regulators and the United States Securities and Exchange Commission (SEC) in a $106 million settlement with Vanguard Marketing Corporation (VMC) and The Vanguard Group, Inc. (Vanguard).
Press Release: Permanent Injunction Entered Against Denver Man for Alleged Romance Investment Scheme
December 17, 2024 -- Colorado Securities Commissioner Tung Chan and Joseph G. Holder Jr. of Denver, aka JR Holder, agreed to a stipulated entry of permanent injunction related to allegations of a romance scam to defraud women.
Press Release: Colorado Securities Commissioner Warns of Massive Increase in Scams Leveraging Bitcoin ATMs
December 16, 2024 -- Bitcoin ATMs are playing a bigger role in Bitcoin scams than ever before, according to the Colorado Division of Securities.
Press Release: Colorado Securities Commissioner Alleges Michael Graham Sold Fraudulent Investments Meant to Benefit Economically Distressed Communities
November 12, 2024 -- Denver District Court grants temporary restraining order and asset freeze against Graham for alleged $1.1 million fraud.