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Karen Tyler

Commissioner
ND Securities Department
600 East Boulevard Avenue
State Capitol, 5th Floor
Bismarck, ND 58505-0510
Phone: (701)-328-2910
Toll Free: (800)-297-5124
Fax: (701)-328-2946
Grafton Office
701 W 6th Street, #312
Grafton, ND 58237
Phone: 701-352-4592

Enforcement Actions

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The North Dakota Securities Department has taken numerous actions against individuals and firms that have violated the North Dakota securities laws. The actions are searchable by the individual’s name, business name, type of action, or year. If you have further questions or require additional information related to a listed action, please contact our office.

Search Enforcement Actions in North Dakota

Name / DBA Enforcement Type Datesort descending
Halcyon Cabot Partners, Ltd. Order to Revoke the Dealer Registration Nov 24 2015
Kevin D. Wanner, Precision Financial Services, Questar Capital Corporation Proposed Order to Revoke Agent Registration, Cease and Desist Order, Order for Summary Suspension of the Agent Registration, Notice of Right to Request Hearing Dec 4 2015
Kevin D. Wanner, Precision Financial Services, Questar Capital Corporation Order to Revoke the Agent Registration Dec 31 2015
First Financial Equity Corporation Agreement Jun 13 2016
Douglas E. Arends Cease and Desist Order, Notice of Civil Penalty, Notice of Right to Request Hearing Jul 12 2016
SagePoint Financial, Inc. Consent Agreement Jul 15 2016
Susan L. Welo, Welo Wealth Management Cease and Desist Order, Notice of Right to Request Hearing Jul 21 2017
Questar Capital Corporation Settlement Agreement Jul 31 2017
Elements Franchising, LLC and Christopher J. Palumbo Desist and Refrain Order, Notice of Right to Request Hearing, Order for Civil Penalty Dec 15 2017
Rash Enterprises, LLC, Taylor Rash, and Tom Doll Cease and Desist Order, Order for Rescission, Notice of Right to Request Hearing, Order for Civil Penalty Dec 15 2017
H. Michael Hardy, RSE, Inc., and Hardy Management Group, LLC Consent Order Feb 26 2018
Main Street Hospitality, LLC, and Robert Pagan Cease and Desist Order, Order for Rescission, Notice of Right to Request Hearing, Order for Civil Penalty Mar 8 2018
Main Street Hospitality, LLC, and Robert Pagan Consent to Entry of Order, Consent Order May 14 2018
FBD Ventures II, LLC, and Craig F. Wollenburg Cease and Desist Order, Order for Rescission, Notice of Right to Request Hearing, Order for Civil Penalty Jun 22 2018
BitConnect LTD and BitConnect International PLC, United Kingdom limited companies, and their Officers, Directors, Agents, and Employees Cease and Desist Order Sep 20 2018

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Related Items

Publications

Investor Bill of Rights

When You Invest, You Have the Right to...

When Your Broker Calls, Take Notes!

A two-page form for investors to take notes when they talk with their broker. The form provides basic questions investors should ask their securities salesperson, checkoff boxes and ample space to take notes.

Forms

Complaint Form

If you believe you are a victim of securities fraud or have concerns about your investment account, you may file a complaint with the North Dakota Securities Department.  To file a complaint, complete the complaint form and submit by mail, fax or