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2004 Administrative Orders Issued (Securities)

Signed copies of  Petitions for Order and Orders associated with the following persons or entities are available in the PDF format.

Michael C. Ribich, Urbana, IL. File No. S-04280(LX). An Order of Suspension of Securities Agent License was issued based on failure to disclose material information to the Division.
Order issued: December 21, 2004

John R. McMaude, Austin, TX. File No. S-04283(LX). An Order of Denial of Securities Agent Application was issued based on failure to complete the application filed on October 1, 2004.
Order issued: December 21, 2004

David Licht, Boca Raton, FL. File No. S-04281(LX). An Order of Denial of Securities Agent Application was issued based on failure to complete the application filed on August 17, 2004.
Order issued: December 21, 2004

Lawrence J. Blomberg and Lemon Stop Associates, Inc. d/b/a Lemon Stop, Inc., Madison, WI. File No. S-04206(FX). Summary Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer and sale of an unregistered franchise.
Orders issued: December 21, 2004

Reef Partners, LLC, Reef Securities, Inc., Reef-Broussard Infield Development Joint Venture #1, Reef Partners 2003-A Income Fund Joint Venture, Michael J Mauceli, Robert H. Stanley, and Rick Berg, Richardson, TX. File No. S-04052(EX). Summary Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer and sale of unregistered securities and employing an unlicensed agent.
Orders issued: December 21, 2004

Espey Development LLC, Michael G. Espey, and Richard K. Ranspot, Carrollton, TX. File No. S-04017(EX). Summary Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer of unregistered securities by an unlicensed agent.
Orders issued: December 21, 2004

Investor Life Services, Inc. and Investor Protector, Inc., Lima, Ohio. File No. S-04138(EX). Consent Orders of Prohibition were issued based on allegations of transacting business as unlicensed broker-dealers and investment advisers.
Orders issued: December 3, 2004

Kevin D. Wells, Melville and Babylon Village, NY. File No. S-04260(LX). An Order of Denial of Securities Agent Application with issued based on failure to complete the application filed on July 27, 2004.
Order Issued: November 18, 2004

Cash Link Systems, Inc., Alan Levine, and Leland Balber, Hollywood and North Miami, FL. File No. S-04207(EX). Summary Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer and sale of unregistered securities by an unlicensed agent.
Order Issued: November 18, 2004

DBJ Investment Ventures, Inc. and Dustin Dwayne Johnson aka Dustin Dwayne Gillenwater, Mesa and Phoenix, AZ. File No. S-04066(EX). Summary Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer and sale of securities.
Order Issued: November 18, 2004

Anderson-Drake, Inc., King-Holt Ranch #3 & #4 Joint Venture, King-Holt Ranch #5 & #6 Joint Venture, James R. Young Aka Jay Young, David L. Cochran, Rustin Scott, Scott A. Riggs, Kenneth P. Lawrence, And Jeremy R. Baker, Addison, TX. File No. S-04093(EX). Summary Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer of unregistered securities by unlicensed agents.
A Hearing has been Requested.
Orders Issued: November 18, 2004

FMI Capital Advisors, Inc., Denver, CO. File No. S-04244(LX). An Order of Denial of Broker-Dealer Application was issued based on the firm’s failure to complete the application filed on October 17, 2003.
Order Issued: November 01, 2004

Dupont Securities Group, Inc., New York, NY. File No. S-04233(LX). An Order of Revocation of Broker-Dealer License was issued based on the firm’s expulsion from the NASD on July 2, 2004
Order Issued: October 22, 2004

Avalon & Associates, Link-1 Communications, Inc., Lincoln A. Berridge, and Todd Groover, Newport Beach, CA and Las Vegas, NV. File No. S-03073(EX). Orders of Prohibition and Revocation were issued based on allegations of offers and sales of unregistered securities by an unlicensed broker-dealer and agent..
Order Issued: October 08, 2004

Neal R. Clemens, Milwaukee, WI. File No. S-03026(LX). An Order of Censure was issued based on allegations of unauthorized trading..
Order Issued: October 08, 2004

Thomas J. Steinmetz, Jr., Marshfield, WI. File No. S-02196(EX). An Order of Prohibition and Revocation was issued based on allegations of fraud in the offer and sale of securities..
Order Issued: October 08, 2004

Alton Securities Group, Inc., Alton, IL. File No. S-04216(LX). An Order of Denial of Broker-Dealer Application was issued based on allegations of failure to complete the application filed on August 9, 2002.
Order Issued: September 24, 2004

Gene B. Harbort, Madison, WI. File No. S-02081(LX). An Order of Censure and Prohibition was issued based on allegations of unauthorized trading and failing to update his CRD record.
A Hearing has been Requested.
Order Issued: September 24, 2004

FXTrade Financial, LLC and Gordon J. Vandeveld, Memphis, TN and Glenview and Northfield, IL, WI. File No. S-04150(EX). Orders of Prohibition were issued based on allegations of the offer and sale of unregistered securities by an unlicensed agent.
Order Issued: September 24, 2004

Barton L. Harter, Oconomowoc, WI. File No. S-04159(LX). An Order of Censure and Prohibition was issued based on allegations of offers and sales of unregistered securities off the books and records and without the approval of his employing broker-dealer.
Order Issued: September 24, 2004

Financial Investment Timing Co., Inc., Iron Mountain, MI. File No. S-04212(LX). An Order of Denial of Investment Adviser Application was issued based on allegations of failure to complete the application filed on October 29, 2003.
Order Issued: September 24, 2004

John K. Wamugi, Madison, WI. File No. S-95413(EX). An Order of Prohibition and Revocation was issued based on allegations of offering and selling an unregistered promissory note.
Order Issued: September 24, 2004

William H. Tarrolly, Mequon, WI. File No. S-04054(EX). An Order of Prohibition and Revocation was issued based on allegations of fraud in the offer and sale of securities.
Order Issued: September 15, 2004

Paul H. Levinson, Madison, WI. File No. S-03238(FX). An Order of Prohibition was issued based on allegations of fraud in the offer and sale of an unregistered franchise.
Order Issued: September 15, 2004

Synergy Partners, Inc. and Jack T. Waite, Madison, WI and Downers Grove, IL. File No. S-04048(EX). Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer and sale of securities.
Order Issued: September 15, 2004

Black Lake Energy, Inc., Wayne A. Rand, Douglas L. Williams, Eddie Gene Gilliam, and Chad D. Taylor, Rockwall, TX. File No. S-04139(EX). Orders of Prohibition were issued based on allegations of offering unregistered securities.
Order Issued: September 15, 2004

Rohan Bedi, Ronkonkoma, NY. File No. S-04213(LX). An Order of Denial of Securities Agent License Application was issued based on failure to complete the application filed June 4, 2004.
Order Issued: September 15, 2004

Investors Freedom Club, LC dba Venture Freedom Fund Ltd. and Venture Freedom Foundation, H S D International, LLC, William Anthony Folino, Tina N. Folino, Peter J. Matuch, and Cris F. Losey, Clearwater, Tarpon Springs, and Tampa, FL. File No. S-04173(EX). Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer and sale of unregistered securities.
Order Issued: September 15, 2004

Howard M. Birnbaum, Plainview, NY. File No. S-04209(LX). An Order of Denial of Securities Agent License Application was issued based on failure to complete the application filed April 6, 2004.
Order Issued: September 15, 2004


Texas Oil Equities, Inc. and William J. Fletcher, Plano, TX. File No. S-03286(EX). Orders of Prohibition based on allegations of offering unregistered securities.
Order Issued: August 26, 2004

Carlos A. Mayo, Garden City, NY. File No. S-04180(LX). An Order of Denial of Securities Agent License Application was issued based on failure to complete the application filed May 5, 2004.
Order Issued: August 26, 2004

North Texas Exploration, LLC, NTE Valentine #1 Joint Venture, Larry W. Shopher, Jeffrey S. Goerges, Anders Tyreman, and James T. Gurgainers, Richardson, TX. File No. S-04098(EX). Orders of Prohibition and Revocation of Exemptions were issued, based on allegations of fraud in the offer of unregistered securities by an unlicensed agent.
Order Issued: August 26, 2004

Burning Springs Energy Partners, Appalachian Energy Partners, Martin R. Twist, Charles White, Drew Thomas, and Scott Pamida, Louisville, KY and Jeffersonville, IN. File No. S-04122(EX). Orders of Prohibition were issued, based on allegations of offers and sales of unregistered securities by unlicensed agents.
Order Issued: August 26, 2004

Vincent J. Defilippo, West Paterson, NJ and Staten Island, NY. File No. S-04132(EX). An Order of Denial of Securities Agent License Application was issued, based on the failure to complete the application, originally filed on April 4, 2004.
Order Issued: August 05, 2004

National Financial Solutions LLC , File No S-03284(EX) Order Vacating Previous Order issued June 10th 2004.
Order Issued: August 05, 2004

International Thermal Packaging, Inc., Dennis L. Thomas, Dennis L. Brown, Lance N. Kerr, and Steven Wenberg, West Hollywood, CA. File No. S-02043(EX). Orders of Prohibition were issued, based on allegations of the offer of unregistered securities by an unlicensed agent.
Order Issued: August 05, 2004

Superstarz-N-Carz, LLC n/k/a RB Motorsports & Co.,LLC and Alaric L. Bowers aka Rick Bowers, Milwaukee and Brown Deer, WI. File No. S-03233(EX). Orders of Prohibition and Revocation of Exemptions were issued, based on allegations of fraud in the offer and sale of an unregistered promissory note.
Order Issued: August 05, 2004

Halo Enterprises, Inc., E-Media Advertising, Inc., Dale E. Merritt, Jr., Kyle J. Sanford, J. R. Baggs, Patricia Cadwallader, S. Elex Dowe, Kim E. Downs, Jeff Farmer, Tom Fluke, Alicia Godinez, Deta Hampsch, James L. Hanemaayer, Chuck Jacobson, John T. Johnson, Ryan Johnson, Burt Kees, Candise Lachance, Deanna Lawrence, Mark Martin, Jad Morris, Kathryn Owczarzak, J. Phelps, Vanessa Radis, James Ray, Bob Rieser, Josh Sessions, Bruce Snyder, Sue Soto, Jim Stevenson, Robert Suchecki, T. J. Travers, Mary Ellen Wiliams, Paul Williams, Tim Woods, and Tim Yarberry, Phoenix, AZ. File No. S-03193(EX). Orders of Prohibition were issued, based on allegations of offers and sales of unregistered securities by unlicensed agents.
Order Issued: July 16, 2004

Innovation Advisors, LLC, New York, NY. File No. S-04160(LX). An Order of Denial of Broker-Dealer Application was issued due to failure to complete the application which was filed on December 2, 2003.
Order Issued: July 20, 2004

Sunrise Energy, Inc. d/b/a Blue Marlin Energy, Inc., Shea C. Silva, and Donald Lakin, Irvine, CA. File No. S-04113(EX). Orders of Prohibition and Revocation of Exemptions were issued, based on allegations of offers and sales of unregistered securities.
Order Issued: July 16, 2004

Light Management Systems Fund, LLC, Corporate Deposit Program, Todd C. Smith, and Shelly J. Waddell, San Diego, CA. File No. S-02072(EX). Orders of Prohibition and Revocation were issued, based on allegations of offers and sales of unregistered securities and making a false filing with the Division.
Order Issued: July 16, 2004

Intertech Corporation f/k/a Custom Fabricating of Racine, Inc., David A. Paczocha, Racine and Elkhorn, WI. File No. X-03039(EX). Orders of Prohibition and Revocation of Exemptions were issued, based on allegations of fraud in the offer and sale of securities and acting as an unlicensed agent.
Order Issued: July 16, 2004

Universal Luxury Coaches, LLC, Scott W. Spor, and Steven G. Ross, Sanford, FL and Boulder Junction, WI. File No. S-03153(EX). Orders of Prohibition and Revocation of Exemptions were issued, based on allegations of fraud in the offer and sale of unregistered securities by an unlicensed agent.
Order Issued: July 14, 2004

Global Strategies dba Goldman Quintero & Associates, Joshua Adams, and Paul Goldberg, San Diego, San Diego, CA. File No. S-04140(EX). Orders of Prohibition and Revocation of Exemptions were issued, based on allegations of offers and sales of unregistered stock by an unlicensed broker-dealer and agents.
Order Issued: July 02, 2004

Manhattan Gold, Inc., James Maceo Ramey, and Yashare K. Ramey, Kingston, Ontario, Houston and Galveston, TX. File No. S-04130(EX). Orders of Prohibition and Revocation of Exemptions were issued, based on allegations of fraud in the offer and sale of unregistered securities.
Order Issued: July 02, 2004

Edward T. Jones, Green Bay and Sturgeon Bay, WI. File No. S-04020(EX). An Order of Prohibition and Revocation of Exemptions was issued, based on allegations of fraud in the offer and sale of securities.
Order Issued: June 23, 2004


Clare William Willman, Iron Mountain, MI. File No. S-04147(LX). An Order of Denial of Investment Adviser Representative License was issued, based on allegations of unlicensed investment adviser activity, as well as a 1998 Order stemming from allegations of fraud in the offer and sale of unregistered securities and forgery.
Order Issued: June 23, 2004


Spellbinder Funding LLC, Dennis C. Healey, and Ron Carter, Las Vegas, NV., Camarillo and North Hollywood, CA. File No. S-03266(EX). Orders of Prohibition and Revocation were issued, based on allegations fraud in the offer of unregistered securities by an unlicensed agent.
Orders Issued: June 23, 2004


Thomas W. Schmitz, Middleton, WI. File No. S-04078(EX). An Order of Prohibition was issued, based on allegations of fraud in the offer and sale of unregistered securities by an unlicensed investment adviser.
Order Issued: June 10, 2004

Windsor Forex Trading Corp. aka Windsor Trading Group and Francis Anthony Toscano aka Frank Toscano, Parkland, Coral Springs, and Boca Raton, FL. File No. S-03245(EX). Orders of Prohibition were issued, based on allegations of fraud in the offer and sale of unregistered securities by an unlicensed agent and broker-dealer.
Orders Issued: June 10, 2004

National Financial Solutions LLC fka Credit Check LLC and Steven A. Collins, DePere and Sobieski, WI. File No, S-03284(EX). Orders of Prohibition and Revocation of Exemptions were issued, based on allegations of fraud in the offer and sale of securities.
Orders Issued: June 10, 2004

Veriquest, Inc., Veriquest Marketing Strategies LLC, Cascade Funds Administration, Inc., Diversified Assets LLC, Eric A. Marchand, Elizabeth Bozeman, Mark Bozeman, George F. Holmes, Howard W. Kratz, Erick J. Alexander, and Linda Oiknine, Carson City, NV, Tampa Port Richey and Holiday, FL, and New York, NY. File No. S-03069(EX). Orders of Prohibition and Revocation of Exemptions were issued, based on allegations of fraud in the offer of unregistered securities by an unlicensed agent and broker-dealer.
Orders Issued: June 10, 2004

Richard S. Strong, Strong Capital Management, Inc., Strong Investor Services, Inc., Strong Investments, Inc., Thomas A. Hooker, and Anthony J. D’Amato, Menomonee Falls, WI. File No. S-03209(LX). A Consent Order of Revocation of Securities Agent and Investment Adviser Representative Licenses and Undertaking was issued, based on allegations of improper trading.
Orders Issued: May 21, 2004

John P. Parker, Beaumont, TX. File No. S-04108(LX). A Summary Order of Denial of Securities Agent License was issued, based on failure to complete the application filed on January 9, 2004. The Respondent has 30 days to request a hearing.
Orders Issued: May 03, 2004

Alpine Pictures, Inc., Advantage Music LLC, The Bridge Group, Roland Carroll, Ryan J. Carroll, Rene Torres, James A. Jones, Donald Osborne, Mark Hart, and Charles Overton, Burbank, CA. File No. S-04082(EX). Summary Orders of Prohibition and Revocation of Exemptions were issued, based on allegations of fraud in the offer of unregistered securities, by unlicensed agents.
Orders Issued: May 03, 2004

Carey Financial Consultants, Inc., SmokeForLess, Inc., James H. Hall III, Jerald R. Carey, Overland Park, KS and Ft. Worth, TX. File No. S-02097(EX). Summary Orders of Prohibition and Revocation of Exemptions were issued, based on allegations of fraud in the offer and sale of unregistered securities, by an unlicensed broker-dealer and agent. The Respondents have 30 days to request a hearing.
Orders Issued: May 03, 2004

Wellspring Capital Group, Inc. and Blake Aaron Prater, Guilford, CT and St. Albans, VT. File No. S-03247(EX). Orders of Prohibition and Revocation were issued, based on allegations of offers and sales of unregistered securities to persons in Wisconsin.
Orders Issued: April 21, 2004

Douglas D. Hakes, Janesville, WI. File No. S-04100(LX). A Summary Order of Denial of Securities Agent Application was issued based on failure to complete the application submitted on August 6, 2003.
Orders Issued: April 07, 2004

Family Heritage Estate Portfolio, Inc., William L. Atkinson III, James Robert Walker, Linda Maloney, Melinda Gerrell, Patricia Diaz, Cynthia McCarroll, Kathleen Mack, Douglas M. Pickar, and John Wustner, Pittsburgh, PA, Appleton, WI, and Tempe, AZ. File No. S-02260(EX). Orders of Prohibition were issued, based on allegations of offers and sales of unregistered securities to persons in Wisconsin by an unlicensed broker-dealer and unlicensed agents.
Orders Issued: March 16, 2004

Ronald D. Johnson, James P. Seifrid, David J. Neary, and Douglas M. Pickar, Hammond, Eau Claire, and Appleton, WI, and Aurora, IL. File No. S-03150(EX). Orders of Prohibition were issued, based on allegations of fraud in the offer and sale of unregistered securities to persons in Wisconsin by unlicensed agents.
Orders Issued: March 16, 2004

Ricky T. Driese, Cross Plains/Madison, WI. File No. S-03169(EX). A Summary Order of Prohibition and Revocation was issued, based on allegations of fraud in the offer and sale of securities to a person in Wisconsin.
Order Issued: March 08, 2004

Payment Works, Inc. aka Paymentworks, Danny Ray Digman, Sr., Lori Lea Burrow, and James A. Schibly, Austin, TX and Green Bay, WI. File No. S-03272(EX). Summary Orders of Prohibition and Revocation were issued, based on allegations of fraud in the offers and sales of unregistered securities by an unlicensed agent.
Orders Issued: February 11, 2004

Friendship Financial Services, Ltd. and Ying Yang, Oshkosh, WI. File No. S-03093(EX). Summary Orders of Prohibition were issued, based on allegations of offering and selling an unregistered promissory note.
Orders Issued: February 11, 2004

Leon J. Sabean d/b/a World Financial, Donald M. Martens, D.D.S., and Jeffrey G. Martens, Huntington Beach and Downey, CA, Custer and Green Bay, WI. File No. S-03028(EX). Consent Orders of Prohibition (and Revocation in the case of Sabean) were issued, based on allegations of offers and sales of unregistered securities by an unlicensed broker-dealer and agents.
Orders Issued: February 11, 2004

Greyfield Capital, Inc., previously known as Greyfield Consultants, Inc., James R. “Bob” Shaw, Robert W. Christian, Jr., and Bailey E. Spears, Jr., Norcross, Duluth, Marietta, and Lithia Springs, GA, Maitland and Sanford, FL,. File No. S-03049(EX). Summary Orders of Prohibition were issued based on allegations of offers and sales of unregistered stock by unlicensed agents.
Orders Issued: February 11, 2004

First Financial Holdings Incorporated, Abraham Cohen, and Steven Cordell, New York, NY. File No. S-04012(EX). Summary Orders of Prohibition and Revocation were issued, based on allegations of offers and sales of unregistered securities by an unlicensed broker-dealer and agent.
Orders Issued: February 4, 2004

Combined Resource Systems, Inc., Barry Wise, Gary Cesaro, Scott Alan Haley aka Alan Stewart, Tammy Powers, and Scott MacGregor, Las Vegas and Henderson, NV. File No. S-03265(EX). Summary Orders of Prohibition and Revocation were issued, based on allegations of fraud in the offer and sale of unregistered securities by an unlicensed agent.
Orders Issued: February 4, 2004

Daniel C. Lancer, Boca Raton, FL. File No. S-03269(LX). A Summary Order of Denial of Securities Agent Application was issued based on failure to complete the application submitted on August 26, 2003.
Order Issued: February 4, 2004

Lasantha Weeri Fernando a/k/a/ Fernando Lasantha, Janesville, WI. File No. S-03040(EX). An Order of Prohibition was issued, based on allegations of offers and sales of unregistered securities.
Order Issued: February 4, 2004

ITRADEnow.com Corp., Lighthouse Point, FL. File No. S-03136(LX). A Consent Order of Prohibition and Revocation of Previous Order was issued, based on allegations of employing an unlicensed agent and offering unregistered securities.
Order Issued: January 16, 2004

Transcontinental, Ltd. and Janice Collins, Charleston, Nevis, West Indies. File No. S-02162(EX). Summary Orders of Prohibition were issued, based on allegations of fraud in the offer and sale of unregistered securities by an unlicensed broker-dealer employing an unlicensed agent.
Orders Issued: January 8, 2004 and January 12, 2004

I-TradeDirect.com Corp., Lighthouse Point, FL. File No. S-03165(LX). A Consent Order of Prohibition and Censure was issued based on allegations of failure to supervise an agent.
Order Issued: January 08, 2004

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