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Notice of Proposed Rulemaking to Extend Exam ValidityOn October 8, 2025, Colorado Securities Commissioner Tung Chan filed a notice of proposed rulemaking to adopt the North American Securities Administrators Association’s (NASAA) Exam Validity Extension Program (EVEP) and the Financial Industry Regulatory Authority's (FINRA) Maintaining Qualifications Program (MQP). The programs would allow…
Denver — September 19, 2025 — The Examination Staff (the “Staff”) of the Colorado Division of Securities is aware that some state licensed investment advisers (“advisers”) are using an online third-party platform (“platform”) to access and manage clients’ held-away accounts by having clients share their unique login credentials – username and password of their custodial account - with the…
Denver — 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.The decision, issued on September 12, 2025, follows a three-day bench trial held May 5-8, 2025. Judge Kutcher…

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