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Chameleon Partners LLC – Consent Order – S-23-3593-25-CO01

Case summary

On January 29, 2025, the Washington State Department of Financial Institutions Division of Securities entered a Consent Order (S-23-3593-25-CO01) against Chameleon Partners LLC.

Order details

Order File: S-23-3593-25-CO01

Laws & Rules: RCW 21.20.140

Penalties/Remedies:

  • Fine: $3,000
  • Investigative Costs: $5,000
  • Cease and desist

Findings

  • In or around 2016, the Respondent offered and sold unregistered securities in the form of limited liability company membership interests to 43 investors
  • The Respondent did not take reasonable steps to verify its investors were accredited, so it did not satisfy the relevant exemption from registration. 

Order file

View order file