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Karen Tyler

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
Preferred Trust and Management, LTD, Ron Stafford Consent Order Jun 30 2004
Berthel, Fisher & Company Financial Services, Inc., Lawrence W. Warren Consent Order Jul 28 2004
Preferred Trust & Management, Ltd., Larry Borud Consent Order Jul 28 2004
InterSecurities, Inc., Richard Colling Consent Order Aug 12 2004
Ross Owen Haugen Order for Summary Suspension of the Investment Advisor Registration Aug 13 2004
Global eScience Corp., Virgil Hentz Cease and Desist Order Aug 30 2004
Charles Archambault Sep 16 2004
L. H. Ross & Co., Inc., Mintz & Fraade, P.C., Michael Assenza, Kelly Chance, Shannon Norris, Dean Baker Consent Order Sep 20 2004
Delta Trust Investments, Inc., Chad H. Carlson Consent Order Sep 24 2004
Piper Jaffray & Co. Consent Order Oct 13 2004
Piper Jaffray & Co., Jason Millner Consent Order Oct 25 2004
Investment Advisory Services, Thomas H. Marsden Notice of Civil Penalty Nov 22 2004
Drew A. Likness Consent Order Dec 8 2004
Huntleigh Securities Corporation Consent Agreement Dec 15 2004
R. T. Jones Capital Equities, Inc., Frank S. Ladner Agreement Dec 16 2004


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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.


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