Action against Respondent, a former registered representative associated with a broker-dealer, for alleged participation as an unregistered broker-dealer in the offer and sale of securities. According to the SEC, Respondent solicited investors to purchase notes in a company, advised investors on the merits of the investment, and acted as a liaison between investors and the company, but was not registered as a broker-dealer or associated with a registered broker-dealer during the relevant period. Respondent has agreed to pay disgorgement of $293,965.15 and prejudgment interest of $44,502.24.

SEC Order