Violation Tracker Individual Record

Company: 
JMI Associates LLC and JB Financial Resources
Penalty: 
$750,000
Year: 
2018
Date: 
April 16, 2018
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

JMI Associates LLC, JB Financial Resources and their owner were ordered to pay $750,000 by the Bureau of Securities for selling unregistered securities tied to the Woodbridge Group of Cos. while misrepresenting them as safe.

Level of Government: 
state
Action Type: 
agency action
Agency: 
New Jersey Bureau of Securities
Civil or Criminal Case: 
civil
Facility State: 
New Jersey
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.