Benette L. Zivley was sworn in today as the sixth Securities Commissioner in Texas history and pledged to build upon the Texas State Securities Board's 53-year record of vigilant oversight of the securities industry. "We have an awesome responsibility - to protect Texas investors - and we have had...
The Texas State Securities Board today unanimously voted to appoint Benette L. Zivley as the next Texas Securities Commissioner. Zivley, currently the Director of the Inspections & Compliance Division of the Securities Board, will assume his new duties on March 1. Zivley becomes the sixth Securities...
Four principals of Aspen Exploration Inc., the Dallas-based company that sold interests in fraudulent oil-and-gas programs to investors across the United States, pleaded guilty today in U.S. District Court in Dallas. William Anthony "Tony"Rand, 69 years old, of Plano, and his two sons, Gregory Keith...
Wayne Anthony Rand of Rockwall was sentenced to 20 years in state prison on Monday after pleading guilty to an extensive oil-and-gas exploration scam in which he used millions of dollars of investors' money for personal expenses, including the purchase of a house, luxury speedboats, guns, and...
Howard Glenn Judah Jr. and Gregory F. Jablonski, executives for a Houston-based company that was shut down in 2009 based upon an investigation by the Texas State Securities Board, have been indicted by a Harris County grand jury. Judah , the CEO of National Life Settlements LLC of Houston, and...
Travis County state District Judge Stephen Yelenosky today approved a Temporary Restraining Order against an Austin-based firm that allegedly continued to sell illegal, high-yielding investments in violation of a Cease and Desist Order issued by the State Securities Board. The Court also granted the...
