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From U.S. Securities and Exchange Commision. Original Press Release found here. Washington D.C., March 28, 2019 — The Securities and Exchange Commission today revoked the registration of a Seattle area-based registered investment adviser and barred its principal from the securities industry for stealing money from a private fund the adviser managed. The remaining assets will be liquidated […]

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From U.S. Securities and Exchange Commision. Original Press Release found here. The SEC’s complaint, filed September 25, 2018, alleged that Schmidt sold securities belonging to at least seven of his retail brokerage customers and secretly transferred over $1 million in proceeds to at least ten other customers to cover shortfalls in the customers’ accounts. According to the complaint, […]