Investor Lawyers Blog
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On October 4, 2016, the Texas State Securities Board (the “Board”) entered a Disciplinary Order (“Order”) against Respondents Calton & Associates, Inc. (CRD# 20999) (“Calton”) and stockbroker M. F. Long II (CRD# 1778299) (“Mickey Long”). The Respondents consented to the entry of the Order and its associated findings of fact and conclusions of law.
The Order indicates that, from June 6, 2002 – June 30, 2016, Mickey Long was registered with the State of Texas as an agent of VSR Financial Services, Inc. (“VSR”). For the majority of that time frame, Mickey Long was registered as an investment adviser representative of VSR. On June 30, 2016, Mickey Long applied for registration with the State of Texas as an agent of Calton.