SEC Sues To Enforce $3M Cannabis Investment Fraud Deal

By Emilie Ruscoe

The U.S. Securities and Exchange Commission has asked a Utah federal court to enforce an administrative cease-and-desist order requiring a wealth management company and its owner to give the regulator over $3 million they previously agreed to pay to end claims they defrauded investors in a $19.5 million cannabis-linked fund raise.

 Motion attached | Read full article » | Save to favorites »