Orders From Other Years
Gary Len Wells - S-20-2852-21-CO01 - Consent Order
On January 1st, 2022, the Securities Division entered Consent Order S-20-2852-21-CO01 (“Consent Order”) with Gary Len Wells (CRD 1142058, “Respondent”) resolving Statement of Charges and Notice of Intent to Enter an Order to Cease and Desist, Deny Applications, Deny Future Registration, Impose a Fine, and Charge Costs S-20-2852-20-SC01 (“Statement of Charges”). After the Statement of Charges was entered, Respondent withdrew pending registration applications. In the Consent Order, Respondent agreed to cease and desist from violating the Securities Act of Washington and also agreed that any broker-dealer, securities salesperson, investment adviser, or investment adviser representative registration applications that Respondent may file in the future will be denied. Additionally, Respondent agreed to a fine of $100,000, which, due to Respondent’s financial condition, is suspended contingent on future compliance with the Consent Order. Respondent waived his right to a hearing and judicial review of the matter.