Barred Texas broker sold GPB fund without a license: SEC
"The only way to really address recidivism is through bringing criminal cases," one attorney said.
A former longtime broker in Texas who ran a small investment fund that owned units of stuck-in-limbo GPB Capital private placements received a federal court's approval this week of a $435,000 settlement resolving charges he sold the fund despite not having a securities license at the time.
The b
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