Violation Tracker Individual Record
Company:
Forex Investment Services Corp. et al.
Penalty:
$416,086
Year:
2000
Date:
March 31, 2000
Offense Group:
financial offenses
Primary Offense:
investor protection violation
Violation Description:
Forex Investment Services Corporation, Eastern Vanguard Forex Ltd. and Eastern Vanguard Group Ltd., Y & T Inc. dba Tokyo International Investment Ltd., and several individuals, were ordered to pay $336,086 in restitution and $400,000 in administrative penalties (reduced to $20,000 each with prompt payment of restitution) in an Order finding they fraudulently sold unregistered securities in the state without being registered as dealers.
Level of Government:
state
Action Type:
agency action
Agency:
Arizona Corporation Commission
Civil or Criminal Case:
civil
Facility State:
Arizona
Source of Data:
https://azcc.gov/Divisions/Securities/Enforcement/Orders/2000/Decision%2062403.pdf
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.