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Friday, 07/09/2021 12:28:38 PM

Friday, July 09, 2021 12:28:38 PM

Post# of 163716
Looks like "advisor" Shawn Mesaros of PAMRIA will not be giving SIAF any more bad advice:

https://www.bbb.org/us/wa/seattle/profile/investment-advisory-services/pamria-llc-1296-1000048906

Government Action:
The State of Washington Department of Financial Institutions Securities Division vs Shawn Anthony Mesaros; PAMRIA, LLC

The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.

On January 19, 2018, the Securities Division entered into a Consent Order with Respondents PAMRIA LLC (“PAMRIA”) and Shawn Anthony Mesaros (“Mesaros”). The Securities Division had previously entered a Statement of Charges and Summary Order Suspending Investment Adviser Registration and Investment Adviser Representative Registration and Notice of Intent to Revoke Registration and Enter Order to Cease and Desist, Deny Future Registrations, Impose Fines, and Recover Costs against PAMRIA and Mesaros.

In the Consent Order, the Securities Division alleges that Respondents failed to update Form U4 and Form ADV filings with the Securities Division, as required, to reflect Mesaros’s unsatisfied judgments, suspension from Financial Industry Regulatory Authority (“FINRA”) membership, and liability in an arbitration claim involving an investment business. The Consent Order also alleges that Respondents filed a Form ADV with the Securities Division that falsely represented that Mesaros did not have any unsatisfied judgments, a suspension from FINRA membership, and a liability in an arbitration claim involving an investment business. The Consent Order further alleges that PAMRIA failed to notify the Securities Division when there was a change in its ownership.

Without admitting or denying the Securities Division’s allegations, Respondents have agreed to the following: the investment adviser representative registration of Mesaros and the investment adviser registration of PAMRIA were suspended from December 12, 2017 until the entry of this Consent Order; Respondents shall each cease and desist from violation of RCW 21.20.350 and WAC 460-24A-205; Respondents shall pay fines and costs; and PAMRIA shall disclose this Consent Order in its ADV Part 2 until at least January 12, 2028.

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