News Releases

Aug 5
2026

Order Issued by TSSB Commissioner Approving Nasdaq Texas as a Stock Exchange

AUSTIN, TEXAS — The Texas Securities Board order approving Nasdaq Texas, LLC (Nasdaq Texas) as a recognized and responsible exchange may be found here.

Jul 22
2026

Notice of Public Hearing

The Securities Commissioner of the Texas State Securities Board will hold a public hearing on the matter of the application for an approval of a stock exchange to be held on August 5, 2026. Click here to read the full release.
Jun 22
2026

Jeramy E. Heintz Appointed Texas Securities Commissioner

AUSTIN — The Texas State Securities Board has appointed Jeramy E. Heintz as Securities Commissioner, effective June 18, 2026. Heintz, a 12-year veteran of the agency, served as Director of Enforcement. Since joining the State Securities Board in 2013, he has advanced through a series of leadership...
Jun 15
2026

Texas State Securities Board Marks World Elder Abuse Awareness Day by Promoting Investor Protection and Fraud Prevention

AUSTIN, Texas – The Texas State Securities Board (TSSB) joins organizations across the nation in recognizing World Elder Abuse Awareness Day (WEAAD), an annual observance dedicated to raising awareness of the abuse, neglect, and financial exploitation of older adults. Financial exploitation...
Jun 9
2026

Texas State Securities Board Enters Emergency Order Against Southlake Real Estate Investment Firm

AUSTIN, TEXAS — The Texas State Securities Board (“TSSB”) has entered an Emergency Cease and Desist Order against Lasater Capital, LLC, its principals Shiloh Boone Lasater and Tie Glenn Lasater, to stop the alleged offer and sale of securities through materially misleading statements and omissions...
Jun 3
2026

Texas State Securities Board Halts Alleged Crypto Pyramid Scheme Targeting Texas Investors

AUSTIN, TEXAS — The Texas State Securities Board (“TSSB”) has entered an Emergency Cease and Desist Order against BG Wealth Sharing LTD and its affiliated cryptocurrency trading platform, DSJ Exchange, to stop an alleged cryptocurrency investment and multi-level marketing scheme that targeted Texas...
Jun 1
2026

Texas State Securities Board Orders E-Estate Group and Promoters to Halt Alleged Fraudulent Tokenized Real Estate Investment Scheme

AUSTIN, Texas — June 1, 2026 — The Texas State Securities Board ("TSSB") has entered Emergency Cease and Desist Order No. ENF-26-CDO-1896 against E-Estate Group Inc., its principals Brandon Stephenson, Mike Hamilton, and Karoll Peterson, and Texas resident Darrell Porter for allegedly offering and...
May 20
2026

Texas State Securities Board Issues Emergency Order to Halt Alleged Fraudulent Investment Scheme Promising Extraordinary Returns

AUSTIN, Texas — The Texas State Securities Board (“TSSB”) has entered an Emergency Cease and Desist Order against JoAriam, LLC and its founder and managing member, KaRhonda Jewell Bray, for allegedly offering unregistered securities tied to purported foreign exchange trading and leveraged banking...
Apr 9
2026

Former San Antonio-based Investment Adviser Pleads Guilty to Ten Felony Counts in Connection to Scheme Which Defrauded Texas Investors

AUSTIN, Texas — The Texas State Securities Board (TSSB) announced today its assistance to federal law enforcement authorities in an investment fraud case involving a former San Antonio-based financial adviser who has pleaded guilty to multiple felony counts. The case was investigated by the TSSB...
Apr 7
2026

Texas Deputy Securities Commissioner Orders Refund and Sanctions Firm and its Agents for Sales of GWG L Bonds

AUSTIN, Texas — Earlier today, Deputy Securities Commissioner for the state of Texas, Cristi R. Ochoa, issued three orders against Landolt Securities, Inc., Ting Chen, and Wang Chang Tsai (“Respondents”) for failures in supervising the sale of GWG Holdings Inc. (“GWG”) L Bonds to Texas investors...