Regarding ongoing developments related to the coronavirus (COVID-19) pandemic, the Tennessee Department of Commerce and Insurance Securities Division wants to make you aware of steps we are taking to keep our staff and stakeholders safe.

NASHVILLE – The Tennessee Department of Commerce & Insurance’s (TDCI) Securities Division announces that an unlicensed out-of-state investment adviser must pay $33,000 in civil penalties and court costs because of fraudulent transactions involving Tennessee residents.

NASHVILLE – In light of the ongoing developments related to the current coronavirus (COVID-19) situation and its impact on financial markets, the Tennessee Department of Commerce & Insurance’s (TDCI) Securities Division is reminding Tennessee investors to beware of con artists who are seeking to capitalize on fear and uncertainty.

NASHVILLE – The Tennessee Department of Commerce & Insurance (TDCI) Securities Division today announced the top five investment products or schemes likely to trap Tennessee’s investors in the new year and recommended steps they can take to protect themselves from investment fraud.

NASHVILLE – The Tennessee Department of Commerce & Insurance’s (TDCI) Securities Division joins the North American Securities Administrators Association (NASAA) to encourage broker-dealers to use errors and omissions (E&O) insurance as a resource to help meet their potential obligations to pay arbitration awards to their customers.

NASHVILLE – The Tennessee Department of Commerce & Insurance’s Securities Division is warning Tennessee investors about how to avoid becoming a victim of a type of fraud known as affinity fraud.

NASHVILLE – The Tennessee Department of Commerce & Insurance’s (TDCI) Securities Division announces that a Knoxville investment advisor has been permanently barred from working in the securities industry and must pay over $480,000 in civil penalties and court costs.

NASHVILLE – With a new school year getting underway this week for many Tennessee parents and students, the Tennessee Department of Commerce and Insurance (TDCI) is reminding consumers that education doesn’t stop in the classroom. TDCI’s divisions are offering consumers tips and reminders to help ensure your back-to-school season is safe and scam-free after school is in session.

NASHVILLE – As financial scammers continue targeting Tennessee’s vulnerable adults, Governor Bill Lee has proclaimed Saturday, June 15, 2019 as Elder Abuse Awareness Day in Tennessee. In anticipation of this day, the Tennessee Department of Commerce and Insurance’s (TDCI) Securities and Consumer Affairs divisions are joining other Tennessee state agencies to warn seniors and their families in order to help them avoid falling victim to identity theft, financial abuse and scams.

NASHVILLE – The Tennessee Department of Commerce and Insurance’s (TDCI) Division of Securities announces a Nashville judge has upheld the denial of Franklin, Tenn. resident David Antypas’ investment-advisor and broker-dealer applications stemming from an investigation into a complaint about Antypas’ earlier work as a financial adviser for an elderly Mt. Juliet woman. Additionally, Antypas must pay $5,000 in costs related to a court hearing held at his request about the matter.

In recognition of America Saves Week (Feb. 25 – March 2, 2019) the Tennessee Department of Commerce and Insurance (TDCI) Securities division and the North American Securities Administrators Association (NASAA) are reminding Tennessee consumers of the importance of smart saving, financial planning, and investing.

While the offer of free meals, door prizes, or free advice may lead you to attend a seminar when you wouldn’t otherwise, the Tennessee Department of Commerce and Insurance (TDCI) is reminding consumers that many insurance and financial firms contact middle-aged and older adults or host free meal seminars with the goal of selling insurance and financial products or services.

NASHVILLE – Bringing national attention to the Volunteer State, promoting investor education and enforcing Tennessee’s securities laws highlighted the accomplishments of the Tennessee Department of Commerce & Insurance’s (TDCI) Securities division team in 2018.

NASHVILLE – In recognition of International Fraud Awareness Week, the Tennessee Department of Commerce and Insurance’s (TDCI) Securities Division is raising awareness of the risks associated with investing in promissory notes.

NASHVILLE – Though they served their nation admirably, Tennessee’s military members and their families are frequently the target of scammers intent on doing them financial harm. As the nation prepares to honor those who have served in the armed forces this Veterans Day (Nov. 12), the Tennessee Department of Commerce and Insurance’s (TDCI) Divisions of Consumer Affairs and Securities remind Tennesseans about scams targeting veterans and how they can be avoided.