SEC Revokes Lufkin Advisors’ Registration Amid Fraudulent Crypto Activities

The U.S. Securities and Change Fee (SEC) instituted administrative proceedings towards Lufkin Advisors LLC on Wednesday. This follows a proposal of settlement from Lufkin Advisors, which the SEC has accepted. The SEC discovered that Lufkin Advisors engaged in fraudulent actions, together with the mismanagement of crypto property, undisclosed investments with an employer associated to the partner […]



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