The PAUSE Program lists entities that falsely claim to be registered, licensed, and/or located in the United States in their solicitation of investors. The PAUSE Program also lists entities that impersonate genuine U.S. registered securities firms as well as fictitious regulators, governmental agencies, or international organizations.

Unregistered Soliciting Entities

These are entities that falsely claim to be registered, licensed, and/or located in the United States in their solicitation of investors.

In many cases, SEC investigation reveals that the soliciting entities are not registered in the United States as they claim or imply. In an effort to warn the public about these entities, the SEC is publishing information it has learned in reviewing these complaints.

For each of the entities listed, the SEC has determined that there is no US registered securities firm with this name. Where applicable, the "Note" section for each entity provides additional relevant information we have learned. The SEC will regularly update this list.

Fictitious Regulators

These are entities that falsely claim to be a regulator, governmental agency, or international organization that do not exist.

In many cases, SEC investigation reveals that the so-called governmental agencies or international organizations claimed to have lent support to these solicitations do not exist. Where applicable, the "Note" section for each entity provides additional relevant information we have learned. The SEC will regularly update this list.

Impersonators of Genuine Firms

These are legitimate entities/firms whose information were wrongfully appropriated. This information may include legitimate entity’s name, address, registration number, and website likeness.

The information was wrongfully appropriated from publicly available databases such as EDGAR and FINRA’s BrokerCheck, and set up phony websites in order to confuse and deceive investors. In other cases, these “spoofer” entities have appropriated the registration information of legitimate firms that recently terminated their registration with the SEC and FINRA or did so years ago. Similarly, representatives of the impersonating entities who cold-call investors often claim to be licensed employees of the legitimate firms being impersonated or of other legitimate firms.

The SEC has determined that the impersonators have no connection with, and are not to be confused with, the genuine firms, whether active or defunct. The SEC will regularly update this list.

 
Name
Category
Name: Acquisition & Development Consulting, Inc.
Category: Fictitious Regulators
Name: American Financial Group
Category: Fictitious Regulators
Name: Anti Cyber Crime & Financial
Category: Fictitious Regulators
Name: Argentinian Securities Commission
Category: Fictitious Regulators
Name: Board of Financial Affairs
Category: Fictitious Regulators
Name: Board of International Equities
Category: Fictitious Regulators
Name: Board of Securities and Financial Services
Category: Fictitious Regulators
Name: Board of Securities Trading Commission
Category: Fictitious Regulators
Name: Bureau of Compliance and Regulatory Board
Category: Fictitious Regulators
Name: Bureau of Financial & Protection Services
Category: Fictitious Regulators
Name: Bureau of Financial Trading
Category: Fictitious Regulators
Name: Bureau of Global Financial Trade Services
Category: Fictitious Regulators
Name: Bureau of International Securities Trading
Category: Fictitious Regulators
Name: Center for Securities Investigation Department
Category: Fictitious Regulators
Name: Center Point Financial Regulatory Board
Category: Fictitious Regulators
Name: Central Equities Administrators
Category: Fictitious Regulators
Name: Central Finance Regulatory Commission
Category: Fictitious Regulators
Name: Central Stock Regulators
Category: Fictitious Regulators
Name: Central Trade & Financial Authority
Category: Fictitious Regulators
Name: Chicago Division of Securities
Category: Fictitious Regulators
Name: Chicago Trading Regulatory Board
Category: Fictitious Regulators
Name: Commission on Financial & Securities Compliance
Category: Fictitious Regulators
Name: Commission on International Trade and Economics (COITE)
Category: Fictitious Regulators
Name: Department of Financial Compensation
Category: Fictitious Regulators
Name: Department of Financial Conduct
Category: Fictitious Regulators
Name: Department of Financial Regulators
Category: Fictitious Regulators
Name: Department of Financial Securities Board
Category: Fictitious Regulators
Name: Department of Financial Trading
Category: Fictitious Regulators
Name: Department of Global Pacific Mergers & Acquisitions
Category: Fictitious Regulators
Name: Department of Interagency Protection Bureau
Category: Fictitious Regulators
Name: Department of International Financial Trading
Category: Fictitious Regulators
Name: Department of Law and Public Safety
Category: Fictitious Regulators
Name: Department of Orderly Liquidation
Category: Fictitious Regulators
Name: Department of Regulation in Washington
Category: Fictitious Regulators
Name: Department of Securities and Exchange Regulation
Category: Fictitious Regulators
Name: Department of Securities Liquidations
Category: Fictitious Regulators
Name: Department of Securities Trading
Category: Fictitious Regulators
Name: Division of Securities
Category: Fictitious Regulators
Name: Division of Securities for the District of Columbia (DOSDC)
Category: Fictitious Regulators
Name: East West Financial & Securities Compliance
Category: Fictitious Regulators
Name: Eastern Security Trading Commission
Category: Fictitious Regulators
Name: Economic and Financial Services Commission
Category: Fictitious Regulators
Name: Equities Trading Commission
Category: Fictitious Regulators
Name: Federal Division Of Securities, NY
Category: Fictitious Regulators
Name: Federal Financial Regulatory Board
Category: Fictitious Regulators
Name: Federal Financial Services Commission
Category: Fictitious Regulators
Name: Federal Recapitalization Fund
Category: Fictitious Regulators
Name: Federal Regulatory Board
Category: Fictitious Regulators
Name: Federal Securities and Investments Regulatory Commission (FSIRC)
Category: Fictitious Regulators
Name: Federal Securities Commission
Category: Fictitious Regulators
Name: Federal Securities Regulatory Agency
Category: Fictitious Regulators
Name: Federal Security Trading Regulatory Board
Category: Fictitious Regulators
Name: Federal Stock Commission
Category: Fictitious Regulators
Name: Federation Against Investor Fraud Committee
Category: Fictitious Regulators
Name: Finance Regulation Board
Category: Fictitious Regulators
Name: Finance Regulation Bureau
Category: Fictitious Regulators
Name: Financial & Regulatory Oversight Board
Category: Fictitious Regulators
Name: Financial Action Task Force
Category: Fictitious Regulators
Name: Financial Compensation Authority
Category: Fictitious Regulators
Name: Financial Conduct United States of America
Category: Fictitious Regulators
Name: Financial Fraud Enforcement Task Force
Category: Fictitious Regulators
Name: Financial Options Security Exchange
Category: Fictitious Regulators
Name: Financial Protection Commission
Category: Fictitious Regulators
Name: Financial Protection Intelligence Unit
Category: Fictitious Regulators
Name: Financial Regulation Bureau
Category: Fictitious Regulators
Name: Financial Securities and Equities Bureau (FSEB)
Category: Fictitious Regulators
Name: Financial Securities and Investments Commission
Category: Fictitious Regulators
Name: Financial Services Commission
Category: Fictitious Regulators
Name: Financial Services Department
Category: Fictitious Regulators
Name: Foreign Investors Surveillance Authority
Category: Fictitious Regulators
Name: Forensic Accounting and Financial Fraud Investigator
Category: Fictitious Regulators
Name: Global Compliance Agency
Category: Fictitious Regulators
Name: Global Financial Protection Commission
Category: Fictitious Regulators
Name: Global Investments Compliance Center
Category: Fictitious Regulators
Name: Global Securities and Trading Regulatory Commission
Category: Fictitious Regulators
Name: Global Securities Crime Investigators
Category: Fictitious Regulators
Name: Global Securities Protection Agency
Category: Fictitious Regulators
Name: Global Securities Regulatory Commission
Category: Fictitious Regulators
Name: Great Harbor Compliance Regulatory Board
Category: Fictitious Regulators
Name: ICSID Lawyers
Category: Fictitious Regulators
Name: Integrated Financial Regulatory Board
Category: Fictitious Regulators
Name: Intercontinental Financial Protection Commission
Category: Fictitious Regulators
Name: InterContinental Financial Regulatory Board
Category: Fictitious Regulators
Name: InterGlobal Financial Registrar
Category: Fictitious Regulators
Name: International Association of Transfer Agents
Category: Fictitious Regulators
Name: International Board of Mergers & Acquisitions
Category: Fictitious Regulators
Name: International Board of Trade Commission
Category: Fictitious Regulators
Name: International Claims Commission
Category: Fictitious Regulators
Name: International Commission of Securities
Category: Fictitious Regulators
Name: International Compliance Assistance Center
Category: Fictitious Regulators
Name: International Equities Administrators
Category: Fictitious Regulators
Name: International Exchange Commission
Category: Fictitious Regulators
Name: International Financial & Regulatory Commission
Category: Fictitious Regulators
Name: International Financial Forensics Organization
Category: Fictitious Regulators
Name: International Financial Market Regulatory Agency
Category: Fictitious Regulators
Name: International Financial Oversight Commission
Category: Fictitious Regulators
Name: International Financial Securities Regulatory Commission
Category: Fictitious Regulators
Name: International Financial Trading Commission
Category: Fictitious Regulators
Name: International Fraud Alert
Category: Fictitious Regulators
Name: International Fraud Assessment Agency
Category: Fictitious Regulators
Name: International Information Exchange
Category: Fictitious Regulators
Name: International Investments and Securities Commission
Category: Fictitious Regulators
Name: International Investor Protection Coalition, a.k.a. IIP Coalition
Category: Fictitious Regulators
Name: International Network for Investor Action and Protection
Category: Fictitious Regulators
Name: International Organization of Registrar and Clearing Agents (IORACA)
Category: Fictitious Regulators
Name: International Organization of Transfer and Registrar Agents
Category: Fictitious Regulators
Name: International Protection and Surveillance Authority
Category: Fictitious Regulators
Name: International Regulators Board
Category: Fictitious Regulators
Name: International Securities Accreditation Authority
Category: Fictitious Regulators
Name: International Securities Administrators
Category: Fictitious Regulators
Name: International Securities and Equities Board
Category: Fictitious Regulators
Name: International Securities Authority
Category: Fictitious Regulators
Name: International Securities Board
Category: Fictitious Regulators
Name: International Securities Commission
Category: Fictitious Regulators
Name: International Securities Regulators
Category: Fictitious Regulators
Name: International Securities Regulatory Agency
Category: Fictitious Regulators
Name: International Securities Regulatory Division
Category: Fictitious Regulators
Name: International Securities Validation Division
Category: Fictitious Regulators
Name: International Share Verification Department
Category: Fictitious Regulators
Name: International Shareholders Compliance Department
Category: Fictitious Regulators
Name: International Stock Regulators
Category: Fictitious Regulators
Name: International Stock Transfer Administration (ISTA)
Category: Fictitious Regulators
Name: International Trading Board
Category: Fictitious Regulators
Name: International Trading Commission
Category: Fictitious Regulators
Name: Intertrade Compliance Board
Category: Fictitious Regulators
Name: Investment and Security Fraud Protection Agency Two Prudential Plaza
Category: Fictitious Regulators
Name: Investor Protect Bureau
Category: Fictitious Regulators
Name: Investor Protection Enforcement Council
Category: Fictitious Regulators
Name: Metropolitan Financial Institutions Supervisory
Category: Fictitious Regulators
Name: National Compliance Regulatory Board
Category: Fictitious Regulators
Name: National Financial Commission
Category: Fictitious Regulators
Name: National Financial Market Regulatory Board
Category: Fictitious Regulators
Name: National Financial Supervision Authority
Category: Fictitious Regulators
Name: National Securities Authority
Category: Fictitious Regulators
Name: New York Board of Regulators
Category: Fictitious Regulators
Name: New York Compliance Regulatory Board
Category: Fictitious Regulators
Name: New York Regulatory Division
Category: Fictitious Regulators
Name: New York Securities Division
Category: Fictitious Regulators
Name: Office of Financial Affairs
Category: Fictitious Regulators
Name: Offshore Securities Commission
Category: Fictitious Regulators
Name: Overseas Financial & Regulatory Oversight Board
Category: Fictitious Regulators
Name: Overseas Financial Authority
Category: Fictitious Regulators
Name: Overseas Investors Information Network
Category: Fictitious Regulators
Name: Overseas Security Trading Protection Commission
Category: Fictitious Regulators
Name: Pennsylvania Division of Securities
Category: Fictitious Regulators
Name: Regional Financial Services Commission
Category: Fictitious Regulators
Name: Regional Regulatory Board
Category: Fictitious Regulators
Name: Regulatory Advisory Commission
Category: Fictitious Regulators
Name: Regulatory Compliance Board
Category: Fictitious Regulators
Name: Securities Administration
Category: Fictitious Regulators
Name: Securities and Financial Commission (SFC)
Category: Fictitious Regulators
Name: Securities and Investments Disputes Agency
Category: Fictitious Regulators
Name: Securities Board of Regulators
Category: Fictitious Regulators
Name: Securities Compliance Agency
Category: Fictitious Regulators
Name: Securities Registration & Corporate Oversight Commission
Category: Fictitious Regulators
Name: Securities Regulation and Recovery Bureau
Category: Fictitious Regulators
Name: Securities Regulation, Protection and Litigation Agency
Category: Fictitious Regulators
Name: Securities Regulatory Agency
Category: Fictitious Regulators
Name: Securities Regulatory Authority
Category: Fictitious Regulators
Name: Securities Trading Board
Category: Fictitious Regulators
Name: Securities Trading Commission
Category: Fictitious Regulators
Name: Securities Transfer & Registration Group
Category: Fictitious Regulators
Name: Securities Validation Department
Category: Fictitious Regulators
Name: State Securities Commission
Category: Fictitious Regulators
Name: Stronghold Mergers & Acquisition Regulatory Board
Category: Fictitious Regulators
Name: The Financial & Regulatory Oversight Board
Category: Fictitious Regulators
Name: The Regulating Body of Securities and Investments
Category: Fictitious Regulators
Name: U.S. Board of Merger & Acquisitions
Category: Fictitious Regulators
Name: U.S. Bureau of Compensation and Liquidation
Category: Fictitious Regulators
Name: U.S. Compensation Department
Category: Fictitious Regulators
Name: U.S. Department of Registrars Bureau
Category: Fictitious Regulators
Name: U.S. District Court of Arbitration
Category: Fictitious Regulators
Name: U.S. International Bureau for Trading
Category: Fictitious Regulators
Name: U.S. Mergers and Acquisition Regulatory Board
Category: Fictitious Regulators
Name: U.S. Municipal Securities & Information Board
Category: Fictitious Regulators
Name: U.S. Offshore Registry Commission
Category: Fictitious Regulators
Name: U.S. Offshore Trading Administration
Category: Fictitious Regulators
Name: U.S. Registration of Securities Bureau
Category: Fictitious Regulators
Name: U.S. Regulatory Securities Agency
Category: Fictitious Regulators
Name: U.S. Regulatory Trade & Commission
Category: Fictitious Regulators
Name: Union Financial Protection Commission
Category: Fictitious Regulators
Name: United Compliance Regulatory Board
Category: Fictitious Regulators
Name: United Financial Protection Commission
Category: Fictitious Regulators
Name: United States Bureau of Securities Registration
Category: Fictitious Regulators
Name: United States Fair Trade Bureau
Category: Fictitious Regulators
Name: United States Federal Court of Arbitration
Category: Fictitious Regulators
Name: United States Federal System
Category: Fictitious Regulators
Name: United States Financial Services Registry
Category: Fictitious Regulators
Name: United States Investment Dealers
Category: Fictitious Regulators
Name: United States Investment Dealers Organization (USIDO)
Category: Fictitious Regulators
Name: United States Mergers and Acquisitions Regulators
Category: Fictitious Regulators
Name: United States of America Takeovers & Acquisitions Regulatory Board
Category: Fictitious Regulators
Name: United States Registration Commission
Category: Fictitious Regulators
Name: United States Regulators and Administration Commission
Category: Fictitious Regulators
Name: United States Securities and Acquisitions Administration
Category: Fictitious Regulators
Name: United States Securities and Investments Commission
Category: Fictitious Regulators
Name: United States Securities and Investments Dealers
Category: Fictitious Regulators
Name: United States Securities Liquidations Department
Category: Fictitious Regulators
Name: United States Securities Regulatory Commision (sic)
Category: Fictitious Regulators
Name: United States Settlement and Claims Commission a.k.a. Settlement Claims Commission (SCC)
Category: Fictitious Regulators
Name: United States Trading Committee
Category: Fictitious Regulators
Name: US Compensation Bureau
Category: Fictitious Regulators
Name: US Federal Oversight Investment Bureau
Category: Fictitious Regulators
Name: US Financial Authority
Category: Fictitious Regulators
Name: US International Investment Trade Authority
Category: Fictitious Regulators
Name: US International Registry & Compliance Agency
Category: Fictitious Regulators
Name: US Liquidation and Compensation Board
Category: Fictitious Regulators
Name: US Registration Authority
Category: Fictitious Regulators
Name: US Securities Registration Oversight Commission
Category: Fictitious Regulators
Name: US Shareholders Registry Department
Category: Fictitious Regulators
Name: Washington Regulatory Division
Category: Fictitious Regulators
Name: Worldwide Regulators Board
Category: Fictitious Regulators