Violation Tracker Individual Record

Company: 
Mosaic Financial Strategies LLC and Mosaic Portfolio Strategists, LLC
Penalty: 
$1,390,000
Year: 
2020
Date: 
July 27, 2020
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

Mosaic Financial Strategies, Mosaic Portfolio Strategists, and one individual were ordered to pay a $900,000 fine and $490,000 in restitution in an Order finding they acted as an investment adviser without registration and fraudulently sold unregistered securities in the state.

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