Case summary
On March 14, 2025, the Washington State Department of Financial Institutions Division of Securities entered a Statement of Charges (S-23-3676-24-SC01) against Doncaster Financial, Inc. Thomas Doncaster.
Order details
Order File: S-23-3676-24-SC01
Laws & Rules: RCW 21.20.020, RCW 21.20.100, RCW 21.20.350, WAC 460-24A-060, WAC 460-24A-200, WAC 460-24A-205, WAC 460-24A-220
Penalties/Remedies:
- Cease and desist
- Revoke registrations;
- Deny future registrations
- Fines & costs
Allegations
- The Respondents filed false or misleading balance sheets with the Securities Division.
- The Respondents failed to disclose material information regarding a business relationship with another investment adviser representative and failed to disclose a compensation agreement with that investment adviser representative.
- The Respondents caused documents to be filed with the Securities Division that contained a statement that was false or misleading.
- The Respondents failed to update their Form ADV Part 2.
- The Respondents engaged in dishonest or unethical business practices, including engaging in nondisclosure, incomplete disclosure, and/or deceptive practices, and by failing to disclose to a material conflict of interest.
The Respondents have a right to request a hearing on the Statement of Charges.