Public Alert: Unregistered Soliciting Entities (PAUSE)

List of Unregistered Soliciting Entities That Have Been the Subject of Investor Complaints

The SEC receives complaints from investors and others, including foreign securities regulators, about securities solicitations made by entities that claim to be registered, licensed and/or located in the United States in their solicitation of non-US investors, and entities not registered in the United States that are soliciting US investors.

In some cases, the complaints are about entities claiming to offer investments endorsed by governmental agencies, including the SEC. These claims are important because when an entity claims to be registered with the SEC, it is in effect claiming that it has made itself available for SEC regulation and oversight. Generally, US entities that solicit you to purchase or sell securities for your own account are required to register with the SEC. For this reason, it is important for you to consider whether the entity that solicits you is, in fact, registered with the SEC.

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 named below, 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.

Additional PAUSE Lists

In addition to the unregistered soliciting entities listed below, the SEC also receives complaints about entities impersonating genuine US registered securities firms as well as entities falsely claiming affiliation with government agencies or international organizations, including the SEC:

You should be aware that these lists do not include all unregistered entities, impersonators of genuine firms, fake regulators, or entities that have been the subject of complaints received by the SEC. Also, you should understand that the inclusion of a name on these lists does not mean that the SEC has concluded that a violation of the US securities laws has occurred or that the SEC has made any judgment about the merits of the securities being offered by these entities.

You can view the official SEC release describing and providing more details about these lists. If you have information, questions or comments about the entities on this list, submit a question or complaint to the SEC.

Alphabetical Index
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Name Comment


Alliance Group, Inc.
Alliance Insurance Agency

60 Pine Street
New York, NY 10005
Phone: 646-417-6866
Fax: 646-417-6302
    American First Securities
    2576 Broadway, Suite 5000
    New York, NY 10025
    Phone: (646) 658-3167
    Fax: (646) 619-4357
      Anderson, Franklin, Sullivan Partners Ltd., a.k.a. AFS Partners Ltd.
      405 Lexington Avenue,
      New York, NY
      Phone: 646-502-8763
      Fax: 646-607-3578


        Banc De Binary
        Trump Tower
        40 Wall Street
        New York, NY 10005
        Phone: 800-656-6163
        Fax: 866-779-4265
          Bank Guarantee Funding
          40 Wall Street, Trump Building
          New York, NY 10005
          Phone: (646) 580-5543


            Chartered Capital Management
            261 Old York Road
            Jenkintown, PA 19046
            Phone: 215-302-6029
            Fax: 215-814-8901
              Coreen Bradford Insurance
              153 E. Wacker Drive
              Chicago, IL 60601
              Phone: 312-628-1287, 815-280-0375
                CPI International
                Equitable Building
                Floor 23, Suite 1996
                120 Broadway
                New York, NY 10271
                Phone: 646-389-1920
                Fax: 646-389-1923


                  David, Scott & Allen PLLC
                  155 E. 55th Street
                  New York, NY 10022
                  Phone: (917) 675-4353


                    Ellipse Trading
                    Liberty Tower, 12th Floor
                    William Street
                    New York, NY 10005
                    Phone: (516) 307-5279
                    Fax: (516) 706-0792


                      Federal Capital, Inc.
                      459 Columbus Avenue
                      New York, NY 10024
                      Phone: 914-293-1451
                      Fax: 914-462-3763
                        First Financial Management
                        255 W. 36th Street
                        New York, NY 10018-7798
                        Phone: 646-351-1282
                        Fax: 646-961-4811
                        First Trade Securities
                        34485 Winton Place
                        Rochester, NY
                        Phone: 646-626-4215
                        Fax: 646-619-4694
                          Fundamental Trading Inc.
                          296 South County Farm Road
                          Wheaton, IL 60187-2440
                          Phone: 630-206-5845
                          Fax: 630-206-5847


                            Global Asset Management Inc.
                            New York, NY 10003
                              Greenberg International Law & Tax Advisory
                              184 5th Avenue, Flatiron Building
                              New York, NY 10010
                              One Constitution Plaza, Kinsley Street
                              Hartford, CT 06103
                                Gruber and Green, Inc.
                                311 Florence Avenue, 24th Floor, Suite 12
                                Evanston, Chicago, IL 60202
                                Phone: 224-217-9852
                                Fax: 225-282-1010
                                (The website is no longer accessible.)


                                  Impact Finance
                                  225 Franklin Street, 26th floor
                                  Boston, MA 02110
                                  Phone: 857-239-0450
                                  Fax: 857-220-3000
                                    International Mergers
                                    City Spire Center, Level 4, 150 & 156
                                    West 56th Street
                                    New York, NY
                                    Phone: 212-401-0689
                                    Fax: 646-619-4166
                                      IPO Securities Litigation


                                        Keystone Corporate Group
                                        225-256 Vesey Street
                                        New York, NY 10282
                                        Phone: (646) 759-7696


                                          Lead Global Ltd.
                                          448 142nd Street
                                          New York, NY
                                          Phone: (646) 513-4426


                                            M&A Securities Group
                                            4151 N. Mulberry Drive, Suite 252
                                            Kansas City, MO 64116
                                            Phone: (660) 530-8078
                                            Fax: (567) 429-0445


                                              NT Financial Services
                                              808 Broadway, #11
                                              New York, NY 10003
                                              Phone: 212-247-1708
                                              Fax: 212-937-3669
                                              Website: (The domain is suspended.)


                                                Plutus Private Equity LLP
                                                1 Mystic View Road
                                                Boston, MA 02149


                                                  Sheppard Capital Partners
                                                  7 South 16th Street
                                                  Philadelphia, PA 19103
                                                  Phone: 267-861-0723
                                                  Fax: 267-543-5706
                                                    Strategic Private Equity LLC
                                                    103 E 29th street
                                                    New York, NY 10016
                                                    Phone: (212) 808-0486


                                                      Taxwise Consultants
                                                      13-15 West 28th Street, Level 4
                                                      New York, NY 10001
                                                      Phone: (212) 796-0786
                                                      Fax: (646) 786-4598
                                                        The Firm Inc., a.k.a. The Ottoman Group
                                                        590 Madison Avenue, 21st Floor
                                                        New York, NY 10022
                                                        Phone: 917-521-4137


                                                          Uinvest, Inc.
                                                          9595 Wilshire Blvd, Suite 900
                                                          Beverly Hills, CA 90212
                                                          Phone: 800-861-8468, 310-860-6971


                                                            Westhill Partners, Inc.
                                                            271 Madison Avenue
                                                            New York, NY 10016
                                                            Phone: 212-796-5514
                                                            Fax: 212-504-2770