SANTA FE – New federal guidelines allow banks and other financial institutions to report any suspected elder financial abuse to authorities in an expeditious manner without obtaining prior approval from elderly victims to release their personal information to appropriate law enforcement agencies, the Securities Division of the State Regulation and Licensing Department announced today.
SANTA FE: A Santa Fe grand jury on Tuesday returned an indictment against William “Kal” Kalinowski, a former Santa Fe home builder, on 10 counts of embezzlement and fraud over $20,000.
2012 brought about many changes within the Financial Institutions Division. Keeping with our goal of transitioning the Division into completely paperless environment, the 2012 Annual Report can be located by clicking this link.
July 16, 2013
Services to the Toney Anaya Building have been restored.
Santa Fe - The New Mexico Regulation and Licensing Department’s Securities Division today issued an investor alert. With energy demands and a desire for energy independence increasing globally, investments in traditional and alternative energy resources are being promoted more often and are becoming attractive to investors and con artists alike.
With energy demands and a desire for energy independence increasing globally, investments in traditional and alternative energy resources are being promoted more often and are becoming attractive to investors.
ALBUQUERQUE – A Los Lunas contractor and a Texas mortgage broker have been indicted on securities fraud and conspiracy charges for stealing nearly $500,000 from at least four Bernalillo County residents in a real estate investment scam, State Regulation and Licensing Department Supt. J. Dee Dennis Jr. announced today.
SANTA FE – A Santa Fe jury today convicted two brothers on felony charges for stealing $440,000 in life savings from an elderly Edgewood couple in a real estate investment scheme.
Santa Fe - In recognition of Financial Literacy Month, the New Mexico
Regulation and Licensing Department, Securities Division, today reminded
investors of the importance of understanding the distinctions between the
various types of financial professionals.
SANTA FE - The New Mexico Court of Appeals has issued an Order on April 23, 2013 for Rehearing in the case of Southwest Energy Efficiency Project, et al v. The New Mexico Construction Industries Commission and the New Mexico Construction Industries Division.
Previously, the New Mexico Court of Appeals issued a Memorandum Opinion in this matter on April 4, 2013. The Court’s order for a Rehearing has the effect of suspending the opinion of the court until its final determination.
The State of New Mexico's Regulation and Licensing Department (RLD) is requesting proposals
for an Independent Public Accountant (IPA) Firm interested in conducting financial and compliance
audits of RLD for Fiscal Years ending June 30, 2013 and 2014.
On April 4, 2013, the NM Court of Appeals issued a Memorandum Opinion respecting the Southwest Energy case involving the New Mexico Construction Industries Commission and the adoption of the revised New Mexico Energy Conservation Codes that impact building codes and standards in New Mexico.
SANTA FE - In advance of a federal rule to allow advertising of high-risk and potentially fraudulent private placement offerings, New Mexico Regulation and Licensing Superintendent J. Dee Dennis Jr. warned investors about the risks these offerings carry.
March 27, 2013
In observance of seasonal events. The Regulation and Licensing Department will be closing at 12:00 pm on Friday March 29, 2013.
SANTA FE – New Mexico Regulation and Licensing Superintendent J. Dee Dennis Jr. issued an investor alert to all New Mexico citizens regarding possible securities fraud linked to the attempted sale of unregistered investment contracts being offered by a Birmingham, England-based company known as “Profitable Sunrise.”
SANTA FE – The New Mexico Regulation and Licensing Department approved a settlement agreement on Tuesday that shutdown the House of Booze tavern in Santa Fe for serving alcohol to intoxicated persons and a minor in violation of the Liquor Control Act.
SANTA FE - The New Mexico Regulation and Licensing Department’s Securities Division today encouraged military members and their families to shore up their defenses against investment fraud during Military Saves Week (February 25 - March 2).
SANTA FE – Governor Susana Martinez announced today that the State will make available to New Mexico workers and small business owners the opportunity to participate in a free on-line financial education program.
SANTA FE - The State Regulation and Licensing Department’s Securities Division today announced that it obtained a $50,000 grant to educate members of New Mexico pueblos and tribes against falling victim to financial and investment fraud.
Celina Westervelt, KRQE
January 3, 2013
Notice: The KIVA Permitting System has been restored.
SANTA FE - New Mexico Regulation and Licensing Superintendent J. Dee Dennis Jr. announced today that Governor Susana Martinez has appointed Jennifer M. Anderson, an Albuquerque regulatory attorney, as the new Director of the Division of Alcohol and Gaming.
SANTA FE – State Regulation and Licensing Department will hold a meeting to discuss the status of customer accounts and claims handling process involving the now closed Mimbres Valley Escrow Services in Deming.
The Department has entered a contract with Mountain States Escrow in Las Cruces to manage the transfer of customer files from Mimbres Valley Escrow Services to different escrow companies. Former customers of Mimbres Valley Escrow Services, especially those who have not received correspondence from Mountain States Escrow are encouraged to attend the meeting to inquire about the claims handling process. The Department has found hundreds of bad addresses for customers and needs customers’ assistance in order to transfer these accounts.
SANTA FE – The New Mexico Regulation and Licensing Department has shutdown Fairview Liquor Store and Bar in Espanola for serving alcohol to minors, while also warning all alcohol establishments in New Mexico to follow the law and be vigilant to stop serving liquor to minors and intoxicated individuals this Holiday Season.