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 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.