Administrative Orders and Actions

PLEASE NOTE: Prior to April 17, 2015, the Division placed both enforcement and administrative orders and actions on this page. After that date, only new administrative orders and actions will be posted here.

Enforcement orders and actions made after that date will be posted at http://www.iid.state.ia.us/enforders_list.

Post date Matter Order Status
08-06-2006 In the matter of Peter Joseph Bonnell III Decision Final
08-06-2006 In the Matter of L. Basheer Hasan Order and Consent to Order Final
08-02-2006 In the Matter of Schatz & Associates Ruling of the Insurance Commissioner Final
08-02-2006 Hasan L. Basheer Des Moines IA Allegation: Acted as an unregistered securities agent and investment advisor Resolution: Order Agreement and Consent Order - Cease & Desist Date of Order/Settlement: 2006-08-03 00:00:00
07-26-2006 In the Matter of Steven J. Moore Order and Consent to Order Final
07-26-2006 Moore Steven J. Maquoketa IA Allegation: Committing an unfair trade practice making misrepresentation to an insurance company using fraudulent practices by allegedly forging anothers name. Resolution: Cease & Desist any violation of the Iowa Insurance laws and will surrender Life & Health insurance license and agrees not to reapply for license in future. Also on probation for a period of two years and will pay civil penalty. Date of Order/Settlement: 2006-07-27 00:00:00
07-24-2006 In the Matter of Anthony S. Sorensen Order and Consent to Order Final
07-24-2006 Sorensen Anthony Coralville IA Allegation: Committing an unfair trade practice Making a misrepresentation to an insurance company using fraudulant practices by forging anothers name. Resolution: Cease & Desist any violation of the Iowa Insurance laws and will surrender Life & Health license. This Life & Health license will be suspended for a period of two years from the date of this order Date of Order/Settlement: 2006-07-25 00:00:00
07-23-2006 In the Matter of John L. Ege Jr. Order and Consent to Order Final
07-23-2006 Ege John Jr. Cherokee IA Allegation: Failure to report criminal charges Resolution: Order and Consent to Order civil penalty and costs assessed. Date of Order/Settlement: 2006-07-24 00:00:00
07-10-2006 In the Matter of Bradley W. Johnson Order of Suspension Final
07-10-2006 Johnson Bradley Davenport IA Allegation: Failure to comply with Other State Agency - DHS; Non-compliance w/order of Child Support Resolution: Suspension Date of Order/Settlement: 2006-07-11 00:00:00
07-09-2006 In the Matter of Cedrick Jones Amended Order of Suspension Final
07-09-2006 Jones Cedrick Davenport IA Allegation: Failure to comply with Other State Agency - DHS; Non-compliance w/order of Child Support Resolution: Suspension Date of Order/Settlement: 2006-07-10 00:00:00
06-19-2006 In the Matter of Phoukam Baccam Order for Default Final
06-19-2006 Baccam Phoukham Des Moines IA Allegation: Failure to respond Resolution: License suspended. Date of Order/Settlement: 2006-06-20 00:00:00
05-25-2006 Brean Murray Carret & Company LLC New York NY Allegation: Failure to file audited financial report. Resolution: Broker dealer license is suspended; civil penalty $1000; suspension lifted when compliance is complete. Date of Order/Settlement: 2006-05-26 00:00:00
04-27-2006 In the Matter of Eric S. Beck Order for Suspension of Licese Final
04-27-2006 Beck Eric Urbandale IA Allegation: Failure to respond to investigation Resolution: Order for Suspension of license Date of Order/Settlement: 2006-04-28 00:00:00
04-23-2006 In the Matter of Schatz & Associates Proposed Findings of Facts Conclusions of Law and Order Final
04-23-2006 In the Matter of Curtis Froyen Proposed Findings of Facts Conclusions of Law and Order Final
03-30-2006 In the Matter of Sheri M. Gamel Order and Consent to Order Final
03-28-2006 Gamel Sheri M. Colorado Springs CO Allegation: Failure to notify the Division of administrative action from other state. Resolution: Order and Consent to Order Date of Order/Settlement: 2006-03-28 00:00:00
03-24-2006 In the Matter of William James Davis Midwest Financial Consultants Proposed Findings of Facts Conclusions of Law and Order Final
03-22-2006 In the Matter of Larry Flowers Proposed Findings of Facts Conclusions of Law and Order Final
03-22-2006 Flowers Larry W Gainsville GA Allegation: Failure to notify Division of prior actions; Failure to cooperate with investigation. Resolution: License revoked. Date of Order/Settlement: 2006-03-22 00:00:00
02-23-2006 In the Matter of Terrence Seawright Proposed Findings of Facts Conclusions of Law and Order Final
02-23-2006 Seawright Terrence Philadelphia PA Allegation: Failure to disclose other states action failure to disclose on license application failure to respond. Resolution: Order: License revoked; $250 fine; make full explanation. Date of Order/Settlement: 2006-02-23 00:00:00
02-23-2006 Davis Shana M. Des Moines IA Allegation: Violations of Securities Act; Unregistered agent & investment adviser representative Misrepresentations & Omissions Cease and Desist orders issued by other states Resolution: Consent: pay $3000 Costs; cooperate in investigation; Date of Order/Settlement: 2006-02-23 00:00:00
02-23-2006 Richardson Terry C. Des Moines IA Allegation: Violations of Securities Act; Unregistered agent & investment adviser representative Misrepresentations & Omissions Cease and Desist orders issued by other states Resolution: Consent: permanently barred from reapplying for insurance producer license; pay $3000 Costs; cooperate in investigation; Date of Order/Settlement: 2006-02-23 00:00:00
02-17-2006 South Central Mutual Insurance Association Chariton IA Allegation: Failure to respond Resolution: Consent; agrees to respond; Fine $1000 & Cost $500 paid. Date of Order/Settlement: 2006-02-17 00:00:00
02-17-2006 Schatz Kenneth Sioux City IA Allegation: Resolution: Order: license revocation rescinded Date of Order/Settlement: 2006-02-17 00:00:00
02-17-2006 United Fire & Casualty Company Cedar Rapids IA Allegation: Failure to report dividends Resolution: Consent: Report dividends as directed; submit schedule; pay $1000 fine; $500 Costs Date of Order/Settlement: 2006-02-17 00:00:00
02-15-2006 In the Matter of Shana M. Davis;Terry C. Richardson Order and Consent to Order Final
02-07-2006 State of Iowa vs. Dennis Stephens Findings of Fact Conclusions of Law and Order Final
02-02-2006 In the Matter of Jamie L. Stoner Summary Order Denying Application For Sales Permit Final
02-01-2006 In the Matter of Loren Binstock;Julie Binstock Cease and Desist Order Final
02-01-2006 Binstock Julie Marshalltown IA Allegation: Sale of unregistered securities; misrepresentations omissions Resolution: Order: Cease and desist the offer or sale of unregistered securities acting as unregistered agents; making untrue statements of facts omitting material facts; pay $5000 fine Date of Order/Settlement: 2006-02-01 00:00:00
02-01-2006 Binstock Loren Marshalltown IA Allegation: Sale of unregistered securities; misrepresentations omissions Resolution: Order: Cease and desist the offer or sale of unregistered securities acting as unregistered agents; making untrue statements of facts omitting material facts; pay $5000 fine Date of Order/Settlement: 2006-02-01 00:00:00
01-27-2006 In the Matter of Bruce E. Nelson Summary Order Denying Agent Registration Final
01-03-2006 Roth Samantha Germantown OH Allegation: Failure to notify Division of administrative action Resolution: Consent: Cease and desist violations of Iowa law; pay $125 Fine and $125 Costs Date of Order/Settlement: 2006-01-03 00:00:00
12-22-2005 Newkirk Timothy De Pere WI Allegation: Failure to notify of other state’s action Resolution: Order; License revoked $250 fine Date of Order/Settlement: 2005-12-22 00:00:00
12-22-2005 Pell Melissa Kenova WV Allegation: Failure to notify of other state’s action Resolution: Order; License revoked $250 fine Date of Order/Settlement: 2005-12-22 00:00:00
12-22-2005 Pettus Rodney Charlotte NC Allegation: Failure to notify of other state’s action Resolution: Order; License revoked $250 fine Date of Order/Settlement: 2005-12-22 00:00:00
12-22-2005 Reyna Ray Jr San Francisco CA Allegation: Failure to notify of other state’s action Resolution: Order; License revoked $250 fine Date of Order/Settlement: 2005-12-22 00:00:00
12-22-2005 Smith Jessica Wallingford CT Allegation: Failure to notify of other state’s action Resolution: Order; License revoked $250 fine Date of Order/Settlement: 2005-12-22 00:00:00
12-22-2005 Sonnichsen Alan Westport CT Allegation: Failure to notify of other state’s action Resolution: Order License revoked $250 fine Date of Order/Settlement: 2005-12-22 00:00:00
12-22-2005 Goff John Pike Road AL Allegation: Failure to notify of other state’s action Resolution: Order; License revoked $250 fine Date of Order/Settlement: 2005-12-22 00:00:00
12-22-2005 Hegedus Margo Tampa FL Allegation: Failure to notify of other state’s action Resolution: Order; License revoked $250 fine Date of Order/Settlement: 2005-12-22 00:00:00
12-22-2005 Gajdos Daniel Denver CO Allegation: Failure to notify of other state’s action Resolution: Order; License Revoked $250 fine Date of Order/Settlement: 2005-12-22 00:00:00