Violation Tracker Individual Record

Company: 
Guardian Asset Group, LLC
Penalty: 
$1,086,033
Year: 
2017
Date: 
May 23, 2017
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
securities issuance or trading violation
Violation Description: 

The U.S. Commodity Futures Trading Commission announced that a federal judge entered a Consent Order against Guardian Asset Group, LLC and its owner and principal finding that they engaged in illegal, off-exchange transactions in precious metals with retail customers on a leveraged, margined, or financed basis.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Commodity Futures Trading Commission
Civil or Criminal Case: 
civil
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.