TN Securities Div’n Encourages Financial Fraud Investigations

TN Securities Div’n Encourages Financial Fraud Investigations

The Securities Division of the Tennessee Department of Commerce and Insurance issued a May 2 press release encouraging consumers to report financial-services misconduct to its Financial Services Investigations Unit.

“The FSIU investigates complaints involving allegations of securities and insurance fraud and other violations of the Tennessee Securities and Insurance Acts,” said TDCI Assistant Commissioner for Securities Frank Borger-Gilligan. “Common violations include: fraud, misappropriation of funds, misrepresentations, unregistered or unlicensed activity, churning of accounts, and unethical business practices. Call the Tennessee Securities Division if you think you’ve been a victim of these types of fraudulent activity.”

FSIU investigations generally are confidential and private. Although the Securities Division is limited to administrative enforcement actions, it refers prospective criminal actions to the appropriate federal and state enforcement authorities.

The FSIU can be reached at (615) 741-5900.

The release is here.

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1 Response

  1. disqus_oQtBgBLqZf says:

    You are delusional to NOT think that the “Pollyannaish politicia1 are ushering back the rampant lawlessness that once plagued the city.” I have lived here my entire life. Have you? We had the safest big city in the USA until Mayor Wilhelm decided to make the NYPD the enemy, just to pander to vote1. He has created the two separate New Yorks he proclaimed we had before his corrupt tenure, and he is aided and abetted by the wo1t City Council of my lifetime. Look at Chicago, the most dangerous city in the US thanks to the PD being handcuffed by the hands-off policies enacted by a wo1e mayor than ou1. The NYC city council is myopic at best, and callous to the safety of the city at wo1t. 🙁

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