News and Updates
Dr. Roger Silvers Appointed as Newest Member of the Utah Securities Commission
January 7, 2026
Salt Lake City, Utah – The Utah Department of Commerce’s Division of Securities has announced the appointment of Dr. Roger…
Old Tricks, New Twists: Avoiding Investment Scams in 2026
January 5, 2026
The digital age has brought unprecedented convenience and connection, but it has also provided fertile ground for fraudsters to refine…
The Twelve Days of Grift-mas: NASAA’s top 12 Investor Threats
December 11, 2025
The North American Securities Administrators Association (NASAA) is warning investors that bad actors are preparing to unwrap a new generation…
Don’t Let Fraud Steal Your Holiday Cheer!
December 1, 2025
The holiday season is a time for giving, goodwill, and often, a little extra spending. Unfortunately, this festive atmosphere is…
Utah Man Sentenced to 100 Months in Prison for Multi-Million Dollar Securities Fraud Scheme
November 17, 2025
The District of Utah’s U.S. District Court sentenced Thomas Paul Madden of Washington City to 100 months in prison for…
Utah Division of Securities and CFTC Secure Final Judgment Against Precious Metals Firm that Defrauded Elderly Adults
October 17, 2025
The final judgment against Safeguard Metals LLC and Jeffrey Ikahn orders restitution and a civil monetary penalty; underscores commitment to protect…
INVESTOR ALERT: Bruce Anderson & Robert Yukes
October 15, 2025
The Utah Division of Securities has issued an Emergency Order, and the Utah Securities Commission has issued an Order of…
Navigating Securities Licensing in Utah: A Professional’s Guide
October 1, 2025
Have you ever considered working as an investment adviser or a broker-dealer? The State of Utah requires its securities professionals…
NEWS RELEASE: Belgian National Sentenced to Prison after Defrauding Investors in a $5M Ponzi Scheme
September 19, 2025
SALT LAKE CITY, Utah – A Belgian national in the United States operated a $5 million Ponzi scheme over the…
Investment Adviser Cybersecurity Update
September 1, 2025
By Adalynn Rich The threat of cybercrime against investors has grown significantly, and The Utah Division of Securities (“Division”) is…
Utah Division of Securities Modifies Fee Guidance for Investment Advisers
August 21, 2025
SALT LAKE CITY, UT—The Utah Department of Commerce’s Division of Securities announced a modification to its guidance for registered investment…
Utah Division of Securities Urges Congress to Protect States’ Anti-Fraud Enforcement Jurisdiction While Bringing Clarity to the Crypto Markets
August 8, 2025
On July 17, 2025, the United States House of Representatives passed the Clarity Act,1 which seeks to implement a national…
NEWS RELEASE: Robert Cummings Appointed as New Director of the Utah Division of Securities
July 14, 2025
Salt Lake City, Utah—The Utah Department of Commerce has appointed Robert Cummings as the new Director of the Utah Division…
Utah Department of Commerce Reduces Filing Fees for Businesses and Investment Professionals
June 15, 2022
Fee amounts to change for state-issued licenses and registrations from the Division of Securities and Division of Corporations and Commercial…
