Violation Tracker Individual Record

Company: 
High Point Wealth Management
Penalty: 
$3,990,000
Year: 
2018
Date: 
February 14, 2018
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

High Point Wealth Management and one individual were ordered to pay a $3,990,000 civil penalty in an Order finding that they sold unregistered securities in the state without being licensed as brokers or dealers, and used false, deceptive or incomplete information in sales.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Maryland Securities Division
Civil or Criminal Case: 
civil
Facility State: 
Maryland
Source Notes: 
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Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.