Tagged with "taylor swift"

SEC Bars Advisor for Fraudulent Taylor Swift Charity Investment

Posted on July 10th, 2020 at 3:45 PM
SEC Bars Advisor for Fraudulent Taylor Swift Charity Investment

Dain F. Stokes, a former advisor at LPL Financial, has been barred by the U.S. Securities and Exchange Commission (“SEC”) for allegedly soliciting investments in a fraudulent charity which Stokes claimed was associated with popular musician Taylor Swift. The SEC said it also plans to order Stokes to pay restitution and a fine of $20,000. Stokes was also barred by FINRA in September 2019 for allegedly failing to respond to FINRA’s request for information.

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