Violation Tracker Individual Record

Company: 
TMTE, Inc. aka Metals.com aka Chase Metals, Inc.
Penalty: 
$700,000
Year: 
2020
Date: 
July 20, 2020
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

TMTE was ordered to pay a $700,000 civil penalty in an Order finding it a fraudulently sold precious metals and acted as a broker-dealer and investment adviser without registration in the state.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Alaska Division of Banking and Securities
Civil or Criminal Case: 
civil
Facility State: 
Alaska
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.