Violation Tracker Individual Record

Company: 
Benchmark Financial Services, Inc.
Penalty: 
$100,000
Year: 
2007
Date: 
July 20, 2007
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

Benchmark Financial Services and its owner agreed to pay $297,092 in settlement of allegations it violated violated state regulations for investment advisors, including lack of certification and deceptive practices. If it made paid the first $100,000 on the agreed schedule it would be relieved from paying the remaining balance.

Level of Government: 
state
Action Type: 
agency action
Agency: 
California Department of Financial Protection and Innovation
Civil or Criminal Case: 
civil
Facility State: 
California
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.