Press Release

Denver – February 8, 2021 - The Colorado Division of Securities (“Division”) released its 2020-2021 investment adviser examination priorities. Publication of the priorities should help advisory firms focus attention on common deficiencies or particular industry risks when reviewing their compliance programs or preparing for examinations. Examinations serve to protect investors by ensuring that advisers are following the Colorado laws and rules that govern them. The priorities list is not meant to cover all matters that will be reviewed in an examination and advisers are required to comply with all applicable rules, which can be found on the Division’s website at Statutes and Rules.

Denver – The Colorado Division of Securities (DOS) a division of the Department of Regulatory Agencies (DORA), announced today that financial service registrants, particularly state-registered investment advisers and intrastate broker-dealers, should be aware of any impact that the breach of SolarWinds may have had on their firms and to report any such related issues to their primary securities regulator.

Effective December 1, 2020, The Colorado Division of Securities has announced that it will be expanding online filing capabilities, making it easier for issuers to submit a greater range of corporation finance materials used for capital raises.

The Division presents at the CO Financial Industry Symposium with the SEC, and FINRA.

The Colorado Division of Securities will be adjusting license fees to keep the Division in compliance with statutory requirements to maintain sufficient revenue. While the fees have increased, the Division remains committed to keeping fees as low as possible.

The Colorado Division of Securities, a division of the Department of Regulatory Agencies  (DORA), announced today that it is part of a consolidated nationwide enforcement action to disrupt a  fraudulent precious metals scheme that has allegedly solicited more than $185 million from seniors and  other investors. 

The Colorado Division of Securities, part of the Department of Regulatory Agencies (DORA), is warning the public that there has been an increase in pop-up scams involving securities accounts in 2020. A “pop-up” is a window that pops up suddenly over another window on a computer. Pop-up scams often include a “spoof” or hoax website that the scammers created to look legitimate. When an unsuspecting consumer visits the website, the site triggers a pop-up that directs the consumer to the scam.

In recognition of World Elder Abuse Awareness Day (WEAAD) in the month of June, Colorado Securities Commissioner Tung Chan and Division of Securities, part of the Department of Regulatory Agencies (DORA), remind financial professionals and the public throughout Colorado that heightened isolation and loneliness during the COVID-19 pandemic have created a perfect storm for senior financial exploitation.

The Colorado Division of Securities, part of the Department of Regulatory Agencies (DORA), is warning the public that there has been an increase in investment schemes luring people to invest based on false promises that a company has produced an effective vaccine or treatment for COVID-19. Other scams include solicitations for investments in companies falsely promising to make a profit on N95 masks, other scarce medical protective equipment, ventilators, and test kits. These companies often promise big returns.

The Colorado Division of Securities (the “Division”) within the Department of Regulatory Agencies (DORA) is providing guidance to State-licensed Investment Advisers (Advisers) who received or are considering applying for a forgivable loan under the Paycheck Protection Program (PPP).