Violation Tracker Individual Record

Company: 
SpotFN.com and Spot FN, LLC and Binary Holdings and Binary Academics
Penalty: 
$542,822
Year: 
2016
Date: 
February 11, 2016
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

SpotFN.com, Spot FN, LLC, Binary Holdings and Binary Academics plus one individual were ordered to pay $450,000 in civil penalties, $5,573 in costs and $87,248 in restitution in an Order finding they finding they fraudulently sold unregistered securities and commodities in the state without being registered to deal in securities or commodities.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Missouri Secretary of State-Securities
Civil or Criminal Case: 
civil
Facility State: 
Missouri
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.