SEC ENFORCEMENT ACTIONS

Gary Beynon, owner of Omni Investment Advisors, agreed to pay a $50,000 penalty to the SEC and be barred permanently from acting in any compliance or compliance supervisory capacity within the securities industry, after the regulator found that the Draper, Utah, firm lacked written policies and procedures in place to prevent, detect and correct securities laws violations. The SEC action also cited Feltl & Co. in Minneapolis for similar violations. The regulator fined that firm $50,000 and ordered it to return $142,000 to certain advisory clients.

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