SEC orders Adam Nugent, FWM to pay $3 million over cannabis investment scheme
The Securities and Exchange Commission (SEC) announced on Tuesday that it had settled fraud charges against Utah-based registered investment adviser Foresight Wealth Management (FWM) and its principal, Adam E. Nugent, for violations related to a private fund they managed. The SEC is ordering them to pay more than $3 million for allegedly defrauding investors who gave roughly $19.5…
This article is available to Insider Pro subscribers only.Sign in or register to be an Insider Pro and access ALL LOCKED articles.
The Murdaugh trial offers a reminder of the 'old South'
Scammers selling New Orleans lots they don't own by stealing owners' identities
Advisor News
- Health-related costs are the greatest threat to retirement security
- Social Security literacy is crucial for advisors
- The $25T market opportunity in mid-market and mass-affluent households
- Advisors must lead the policy risk conversation
- Gen X more anxious than baby boomers about retirement
More Advisor NewsAnnuity News
- MetLife to Announce First Quarter 2026 Results
- CT commissioner: 70% of policyholders covered in PHL liquidation plan
- ‘I get confused:’ Regulators ponder increasing illustration complexities
- Three ways the Corebridge/Equitable merger could shake up the annuity market
- Corebridge, Equitable merge to create potential new annuity sales king
More Annuity NewsHealth/Employee Benefits News
- Women's health center opens in Arlington for people without health insurance
- Providers wait for hundreds of millions in delayed Medicaid payments
- Families worry their fragile peace could be at risk with Medicaid cuts
- Anthem again pays restitution, fine over Virginia claims delays
- Progressive think tank proposes plan to lower health care costs
More Health/Employee Benefits NewsLife Insurance News
- Virginia orders rate cuts for 16 Aflac policies
- Virginia insurance regulators order rate cuts for several Aflac policies
- Life insurers post modest gains following record 2024, S&P Global finds
- Aflac overcharging Virginians, SCC finds
- Virginia orders rate cuts for Aflac policies
More Life Insurance News