Michael Todd Clements

Regulator action

United States. Named in 1 sanctions listing.

Sanctions and listings1

Official designation
Financial Industry Regulatory AuthorityUS FINRA Enforcement ActionsUnited States
04/27/2015: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Avenir Financial Group (CRD No. 148490), Michael Todd Clements (CRD No. 1702071), and Karim Ahmed Ibrahim a.k.a. Chris Allen (CRD No. 5983439), Respondents. DISCIPLINARY PROCEEDING No. 2015044960501 Hearing Officer: EXPEDITED COMPLAINT The Department of Enforcement alleges: SUMMARY 1. During the period October 2013 through the present (the"Relevant Period"), Avenir Financial Group
04/22/2015: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, V. Avenir Financial Group (CRD No. 148490), Michael Todd Clements (CRD No. 1702071), Karim Ahmed Ibrahim a.k.a. Chris Allen (CRD No. 5983439), and Cesar Omar Rodriguez (CRD No. 4451732), Respondents. DISCIPLINARY PROCEEDING NO. 2015044960501 Hearing Officer: TEMPORARY CEASE AND DESIST CONSENT ORDER Based upon the parties' consent, the Hearing Panel issues this Temporary Cease and Desist Consent
05/17/2018: BEFORE THE NATIONAL ADJUDICATORY COUNCIL FINANCIAL INDUSTRY REGULATORY AUTHORITY In the Matter of Department of Enforcement, Complainant, vs. Michael Todd Clements Wellington, FL, Respondent. DECISION Complaint No. 2015044960501 Dated: May 17, 2018 Respondent made material misrepresentations and omissions of material fact in connection with self-offerings to investors and failed to supervise his firm's capital raising. Held, findings affirmed and sanctions affirmed
05/06/2015: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFCE OF HEARING OFFCERS Department of Enforcement Complainant, V. Avenir Financial Group (CRD No. 148490), Michael Todd Clements (CRD No. 1702071), Karim Ahmed Ibrahim a.k.a. Chris Allen (CRD No. 5983439), and Cesar Omar Rodriguez (CRD No. 4451732), Respondents. DISCIPLINARY PROCEEDING No. 2015044960501 Hearing Officer: TEMPORARY CEASE AND DESIST CONSENT ORDER Based upon the parties' consent the Hearing Panel issues this Temporary Cease and Desist
Reference 2015044960501data-portal.finra.org data-portal.finra.org data-portal.finra.org finra.org data-portal.finra.org

Identifiers1

Identifier	Number
ID number	1702071

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