SEC Revokes Lufkin Advisors’ Registration Amid Fraudulent Crypto Activities

The U.S. Securities and Exchange Commission (SEC) instituted administrative proceedings against Lufkin Advisors LLC connected Wednesday. This follows an connection of colony from Lufkin Advisors, which the SEC has accepted. The SEC recovered that Lufkin Advisors engaged successful fraudulent activities, including the mismanagement of crypto assets, undisclosed investments with an leader related to the spouse […]