MORE TURKEY STUFFING! IMPEACHMENT DIGEST. 70 MILLION VIEWERS. TWO CAREER PERSONNEL, FROM THE "OMB" OR "THE OFFICE OF MANAGEMENT AND BUDGET," QUIT, SEEING THE WHITE HOUSE HOLD ON UKRAINIAN AID! ONE FROM THE LEGAL DEPARTMENT. TRUMP BROUGHT IN A POLITICAL HACK TO DO THE DIRTY WORK! IMPEACHMENT INQUIRY MOVES FROM, THE INTELLIGENCE COMMITTEE TO THE JUDICIARY COMMITTEE. STAR YOUR CALENDAR! DECEMBER 4, THE JUDICIARY COMMITTEE IS INVITING, CONSTITUTIONAL LAW SCHOLARS TO EDUCATE THE PUBLIC ON THE CONSTITUTION WITH REGARD TO "IMPEACHMENT" AND THE "PROCESS" THAT IS REQUIRED! THE PRESIDENT AND THE GOP, SCREAMED ABOUT NOT GETTING DUE PROCESS AND THE RIGHT TO FACE HIS ACCUSERS--CHAIR, GERRALD NADLAR, HAS INVITED, PRESIDENT TRUMP TO BRING HIS ATTORNEYS, AND TO QUESTION THE WITNESSES AGAINST HIM! HISTORY IN THE MAKING! MOODY'S (LITTLE BITCH) ANALYTICS! THANKSGIVING EVE NEWS DUMP! ECONOMY--SOMETHING IS WRONG! GOBBLE. GOBBLE. GOBBLE. GLOBAL CORRUPTION. GLOBAL CORRUPTION. GLOBAL CORRUPTION! IT'S A WORLDWIDE JOURNEY. IT'S A BEAUTIFUL JOURNEY. FUN FOR FAMILY & FRIENDS. K1 SPEED GOKARTS! THERE ARE TOO MANY TURKEY'S BEING PARDONED THIS YEAR! TRUMP'S MILITARY TROPHIES, KILLERS FOR TRUMP ON THE CAMPAIGN TRAIL, ARE JOINED BY KILLERS IN WITH THE ADMINISTRATION, SLIDING IN AND OUT OF THE SHADOWS OF THE WHITE HOUSE, PILLOW TALK, AND SHOWING UP AT RALLIES! FEAST DAY TOMORROW! TRUMP HOLDS ANNUAL "TURKEY PARDON" . . . AH, HELP US FIND A WAY OUT! DOLLY PARDON. CODE NAMES FOR THE MALE & FEMALE TURKEYS! BREAD & BUTTER. I AM THEIR DAILY BREAD. THEY ARE TRUMPS DAILY BREAD AND BUTTER! THINK "GUYS & GALS" WHO STARTED BACK IN 2011 TO STEAL MY CASES AND MY IDENTITY! THEY ARE BEHIND DONALD J. TRUMP! ALL THE CLUSTERFUCKS ARE THEM, ACTING ME, AND GIVING DIRECTIONS TO THE PRESIDENT, AS IF . . . WHEN THEY HAVE NO EXPERIENCE AT ALL IN GOVERNMENT, NOR THE LAW, NOR, FOREIGN AFFAIRS! IS ANYONE, SURPRISED, THAT WE ARE GETTING SO FUCKED UP UNDER THIS DUDE? WE "SO" CALL, PRESIDENT. I AM LISTENING TO THE NEWS, WHILE I AM TYPING THIS. GIULIANI SAID HE HAD "INSURANCE" IF THE PRESIDENT THREW HIM UNDER THE BUS! INTERESTINGLY ENOUGH, A DAY OR TWO BEFORE, IN THE NEWS, I HEARD, THAT, PARNESS AND FROM, THE TWO INDICTED, UKRAINIANS WHO ARE RUDY'S FRIENDS, WORKING ON ILLEGAL CAMPAIGN CONTRIBUTIONS AND GETTING THINGS DONE TRUMP'S WAY IN THE UKRAINE! THEY REFERRED TO HAVING, "FRAUD INSURANCE!" SHELLEY? BRETT? KAY? THESE GUYS WILL MARKET ANYTHING, INCLUDING, EVERYTHING ME! I CAN SEE, THESE SHITHEADS, TELLING DIRTY PLAYERS, AND DEALERS, THAT THEY COULD BUY "FRAUD INSURANCE!" LOL. CLOWNS, LEADING CLOWNS! FIND OUT WHO IS PAYING FOR RUDY'S TRAVELS ALL OVER THE GLOBE? INTERESTINGLY, THE OTHER DAY, I THOUGHT, I OUGHT TO CHECK UP ON BRETT'S, ONLINE PRESENCE . . . SURE, A BRETT TODD STUART, FROM, LOGAN, UTAH, WHERE I MET HIM, EVEN HIS MOTHER'S ADDRESS IN LOGAN--I THINK I HEARD SHE DIED? SO HER HOUSE WOULD BE GIFTED TO HIM, BECAUSE HIS SISTERS BOTH HAVE HOUSES! HOWEVER, THERE IS ANOTHER ENTRY, THAT IS MORE FASCINATING, "CO-FOUNDER-GLOBAL AGRITRENDS" THE WORLD'S LARGEST PROFESSIONAL COMMUNITY? REALLY. FROM FACTORY WORKER WHEN, I MET HIM, TO GLOBAL PROFESSIONAL COMMUNITY? THAT OLD, MOB CONSTRUCTION, ALLEGED, LEGITIMATE COVER FOR RACKETEERING, EXTORTION, BRIBERY, GAMBLING, PROSTITUTION, AND PATTERNS OF CRIMINAL ENTERPRISES! THAT SOUNDS, LIKE A JOB OR COMMUNITY, THAT MY GLOBAL BLOG, MIGHT BE ABLE TO FUND! HMMMM. PARDONED TURKEYS, "BREAD & BUTTAR" . . . SPELLED, LIKE KAY'S NAME WHEN SHE MET BRETT! KAY BURNINGHAM-BROWN-BUTTARS-STUART! NICE. MAGIC CODE. SEE THESE GUYS AND DOLLS ARE SMART ENOUGH TO PICK UP ON MY CODING, AND THE COPS WILL QUESTION, 7 YEARS, IF I AM ME, BEFORE, WATCHING MY CODING, SO NOW, THEY ARE SO ENTRENCHED IN MY MONEY, RESUME, PROTECTION, AND, BLOG, THAT, YOU THINK, I AM THE SHAM AND THEY ARE THE REAL! I TOLD YOU, WHAT DAY, TO FIND, BRETT, WITH RUDY GIULIANI! NOW HOW, DID BRETT AND KAY GET FROM A TO WHERE WERE ARE NOW? ME! YOU DUMB SHITS! HE IS ALSO A SERIAL KILLER, BUT, DON'T LISTEN TO ME! I AM JUST THEIR "BREAD & BUTTER!" LEADING ME AND MY MONEY STRAIGHT TO THE PRESIDENT, TAKING THEM, BACK TO THE LAS VEGAS REVIEW JOURNAL, THE "ONLY" NATIONAL NEWSPAPER, TO ENDORSE, DONALD J. TRUMP, WHO THROUGH A "QUID PRO QUO" OR "THIS FOR THAT" BETWEEN, CIA, BRETT, FAKE, AND, EITHER SHELLEY OR KAY OR BOTH, ME, GIVING, THE LAS VEGAS REVIEW JOURNAL A BREAK ON MY "CEASE & DESIST" LETTER, TO THE JOURNAL, FOR WRITING, NONE OTHER, THAN, SAYING THAT MY CLIENT, SHELLEY HAD PLENTY OF TIME, TO SET UP THIS STING STEAL DEAL, WITH TOM VAIL, OF HENDERSON, WHERE SHELLEY HAD BEEN HANGING OUT FOR YEARS, AND HAD TIME TO FUCK ME OUT OF, A YEAR AND A HALF OF WORKING WITH THAT SHITHEAD, VAIL, WHILE I WAS, TAKING CARE OF CLIENTS, IN FIVE STATES! THIS JOKER, CALLED ME THE DAY, THAT THE NEW YORK INVESTMENT NEWS OR FINANCIAL NEWS, BROKE, MY LAWSUIT, AGAINST THE UTAH GOVERNOR, THE UTAH AG, THE DEPARTMENT OF COMMERCE, AND THE DIVISION OF SECURITIES, ON A CIVIL RIGHTS, SUIT, FOR $356.7 MILLION THAT ROCKED WALL STREET AND THE FINANCIAL FIELD. NOW HOW DID SHELLEY FIT IN THIS GAME? FIRST, SHE WAS, CHARGED WITH SECURITIES FRAUD, WHEN, HER 2ND HUSBAND, DAVID YEMEN, AND HER BOSS, ALAN WOLFSON, WERE BOTH, CHARGED, ALONG WITH HER, FOR SECURITIES FRAUD! SHE USED TO REGISTER SECURITIES FILINGS WITH THEM! SHE KNOWS NOTHING OF, CONSTITUTIONAL, CIVIL, CRIMINAL, ADMINISTRATIVE, AND, SECURITIES LAW, THE BASIS FOR MY CASE! ALL SHE HAD TO DO WAS, BROKER THE DEAL, TO CLOSE THE CASE AND, THROW, TRUMP, INTO THE MIX! THE START OF THE SHIT-STORM WE ARE IN RIGHT NOW! FULL CIRCLE OF IDIOTS! I AM SURE THAT ALL THESE FUCK FACES, HAVE BEEN PARDONED, ALONG WITH ALL THE OTHER, MILITARY KILLERS! YES, I AM THE SAME, FORMER, UTAH ATTORNEY GENERAL, MENTIONED IN THIS ARTICLE, AND TOOK THE LAWSUIT THAT ROCKED, THE FINANCIAL COMMUNITY, THE CASE THAT MORMONS, MITT, AND, MEN IN BLACK, WANTED TO STEAL, AND, USE TO GET ROMNEY ELECTED, AS PRESIDENT . . . YOU DON'T TAKE, MY 1/3, AND GIVE IT TO KAY, OR WHOEVER, AND GET ELECTED . . . I B-LINED IT UP TO MONTANA, HOOKED INTO SENATOR, TESTER'S, CREW, ALSO, ENDED UP WITH, THE WHOLE OBAMA, ADMINISTRATION ON MY "PERSONAL" EMAIL ACCOUNT, AND, THE NSA ADDED EVEN, FIRST LADY, MICHELLE, NOW, LEADING DEMOCRAT FOR THE 2020 ELECTIONS, V.P. JOE BIDEN, MONTANAN, CAMPAIGN CHAIR, JIM MESSINA, CHIEF OF STAFF, DAVID AXELROD, AND, OF COURSE, PRESIDENT OBAMA! THE REPUBLICANS, STOLE, $118 MILLION BY "DOUBLE DOCKETING" THE CASE, USING, MORMON JUDGES, AND, EVEN LOCKING ME, UP IN JAIL, WHEN, THIS CASE, WAS SETTLED, 9 DAYS, SOLITARY CONFINEMENT, IN GRAND COUNTY, UTAH, BY A JUDGE, WHO HAD "NO" FUCKING, JURISDICTION, OVER ME! GO FIGURE! I CAN TIE THESE FUCKERS, DIRECTLY TO THE PRESIDENT OF THE UNITED STATES! THIS IS MY GAME, MY BREAD AND BUTTER, AND THERE SHOULD BE NO PARDONS, BY AN ILLEGITIMATE PRESIDENT! USING MY MONEY, TO ELECTION SOMEONE, I WOULD PREFER, TO HAVE A DOG, IN HIS PLACE, LESS DAMAGE!!!!!!!!!!!!!!!!!!!!!!!!!!!!! I AM SITTING RIGHT AT THE BELLEVUE, WASHINGTON, LIBRARY, RESIDING IN AN EMERGENCY, SHELTER, AT THE JEWISH BON N'ARD, SYNAGOGUE, ON 4TH, OR SOMETHING LIKE THAT . . . DIDN'T WRITE DOWN THE NAME! WHEN, ARE YOU, MOTHERFUCKERS, GOING TO GET THIS SHIT RIGHT? WE HAVE THE ALLEGED, TOP LAW ENFORCEMENT, AGENCY, IN THE WORLD, THE FEDERAL BUREAU OF INVESTIGATION, UNDER INVESTIGATION, THEMSELVES? NO WONDER, THEY ALLOWED, ALL THOSE LITTLE MORMON BOYZ AND GIRLZ, ALLOWED THESE HAGS AND WARLOCKS, WITHIN THEIR RANK AND FILES, WHO PERVERTED THE LAW, WARRED AGAINST THE CONSTITUTION, AND PUT TRUMP, WITH MY MONEY, IN THE WHITE HOUSE! THAT IS A CRIME FROM, A TO Z! YOU DON'T LEAVE THIS AS IS . . . YIELD TO THE LAW! SPIES, ARE EXECUTED FOR THIS SHIT! JUST DO IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! SHELLEY, STARTED STEALING MY SONS' MUSIC, FIRST, THEN, SHE TEAMED UP WITH BRETT, AFTER I LEFT HIM, KAY CAME IN TOO, THEN, THEY WENT FROM MUSIC TO STEALING, MY IDENTITY, THEN, MY CASES, MORE MUSIC, AND ON TO WHERE WE ARE TODAY! YOU ARE FUCKING 10 YEARS LATE! SHIT, LOOK WHAT YOUR, STUPIDITY DID! WE HAVE THIS SHITFACED PRESIDENT, WHO IS ILLEGAL, THROUGH, ILLEGAL CAMPAIGN DONATIONS, FROM THE VERY FIRST DAY! SHIT CAN THIS FUCK!!!!!!!!!!!!!!!!!!!!!!! DON'T JUST IMPEACH HIM, BUT EVERYONE, WHO WAS BEHIND HIM AND I CAN LIST ALL OF THEM FOR YOU . . . BUT DON'T PUT SMART TO WORK, JUST KEEP BUMBLING ALONG, TAKING FOREVER! DON'T BE FOOLED BY STUPID CHICKS, WITH MY MONEY, WEARING MONKEY SUITS, PRETENDING TO BE M, AN ATTORNEY! MORMON MORONS! SCREAM IN THE MAJORITY OF THE FBI AND CIA! DUMB FUCKS!!!!!!!!!!!!!!!!!!!!! LET THEM DO THIS SHIT! THIS IS NOT STICKY, YOU JUST FUCKING FOLLOW THE LAW! NO PARDONS!!!!!!!!!!!!!!!!!!!! PERIOD! I WILL ADMINISTER THE POISON INJECTION OR PULL THE ELECTRIC LEVER! GOOD GOD, WHAT WE COULD HAVE AVERTED, IN THIS SHIT SHOW, PRESIDENCY, SCAM ON THE AMERICAN PEOPLE, ALLOWING THEM TO FUCK THE WHOLE WORLD, ASSHOLES! HAPPY THANKSGIVING, LOSERS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! HINT. HINT. HINT. CRIMINALS ALWAYS GO HOME FOR THE HOLIDAYS! YOU KNOW WHERE I AM, NOW FOLLOW WHERE THEY ARE! FUCK??????? TRUMP JUST SAID, EVERYONE'S GETTING RICH, AND I AM WORKING MY ASS OFF! THEY ARE ALL JUST PLANNING ON GETTING PARDONED, AND THEY ARE ALL TURKEYS, JUST LIKE THE PRESIDENT, OR "SO-CALLED" PRESIDENT. THIS CREW IS PAYING RUDY GIULIANI, NOT TRUMP, NOT THE UKRAINIANS, IGOR AND WHATEVER, SHELLEY, BRETT, KAY, AND, OTHERS ARE USING MY MONEY AS IF IT IS THEIRS!!!!!!!!!!!!!!!!!!! ON, CHRIS HAYES, MSNBC, ALL IN WITH . . . PUT THEM ALL IN! INCLUDING THE PRESIDENT! VIOLA SOMEONE, WAS JUST ON, CHRIS' SHOW, TALKING ABOUT PROPUBLICA DOING RESEARCH INTO TRUMP TOWERS AND TRUMP'S BOOKS, COOKING THE BOOKS, JUST LIKE THE "DOUBLE DOCKETING" ON MY CASES, IN UTAH! CHECK THE DOCKET FOR THIS CASE, BELOW, IN THE U.S. FEDERAL DISTRICT COURT OF THE DISTRICT OF UTAH!--ATTORNEY, JOANN S. SECRIST, WAS SUBSTITUTED WITH AN ATTORNEY, NAMED, JOANNE SECRIST? THERE IS A STRANGE ENTRY, DURING THE TIME I WAS, OFF THE CASE BY CHOICE, "LODGEPOLE" ENTRY? NOW, I HAD NEVER SEEN THAT CIVIL PROCEDURE, RULE OR EVEN, SEEN THAT WORD, OR HEARD OF IT? I LOOKED IN THE UTAH AND FEDERAL RULES OF CIVIL PROCEDURE AND COULD NOT SEE IT MENTIONED, IN EVEN THE INDEX OR DICTIONARY, SO? NOW, KAY, PRACTICED LAW, IN BOTH, CALIFORNIA AND COLORADO IN ADDITION TO UTAH . . . I JUST WENT STRAIGHT UP, UTAH, U.S. FED DISTRICT OF THE DISTRICT OF UTAH, 10TH CIRCUIT, THEN, U.S. SUPREME COURT . . . SO, DOES CALIFORNIA OR COLORADO HAVE THAT, LEGAL TERM, THAT I COULD NOT FIND? MIGHT BE PROOF, WHO, TOOK MY PLACE, TAKING THE MONEY! SUSAN AND KEVIN SHIT OR SCHMIDT, WERE IN MITT ROMNEY'S MORMON STAKE, AND KEVIN WAS A MORON, BISHOP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! OH, WE NEED, A CAREER WITH POTENTIAL . . . OH, JOANN'S LAW DEGREE! PERFECT! DOGGIE DADDY, SOUTHWICK, WANTED ALL THE OTHER DAUGHTERS, TO GET EXPERIENCE, AND BE ABLE TO SERVE? ALL UNDER MY NAME, MY RESUME, MY CREDENTIALS, MY MONEY, MY CASES, MY BLOG, MY WATER LAW COMPACT, MY BLOG, MY LOBBYING? FUCK NO! GET YOUR OWN, LAW DEGREE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! COOKIN' THE BOOKS, ON HOW MANY CHILDREN, WERE TAKEN, KIDNAPPED FROM THEIR PARENTS, AT THE BORDER, DURING THE FAMILY SEPARATION PROGRAM,--26,000--IT WAS PART OF THE PLAN, WITH NO, PROGRAM OR POLICY OR PROCEDURE TO RE-UNITE THESE KIDS WITH THEIR PARENTS! JUST THIS MORNING, THERE WAS A FATHER, WHO IS BEING HELD AT THE BORDER, WHO SAID HIS DAUGHTER WAS RAPED BY TWO MEMBERS OF THE DRUG CARTEL, AS ASYLUM SEEKERS, ARE, NOW, AS OF YESTERDAY, BEING HELD, THEN, NOT ALLOWED IN, AND MANY BEING SHIPPED BACK TO SOUTH AMERICA, TO GUATEMALA, TO THE JUNGLES! THAT IS NOT WHERE MOST OF THESE, AND LET ME REMIND THE TRUMP ADMINISTRATION, "PEOPLE" CAME FROM! THE "GLOBAL AGRITREND, WORLD'S LARGEST, PROFESSIONAL COMMUNITY . . . ALL THOSE LITTLE BROWN BUTTS, SHIPPED, FOR SEX AND LABOR TRADE? FUCK THESE BASTARDS! YOU CAN DIRECTLY CONNECT, BRETT TO RUDY, WHICH TAKES, MY "FAMILY DOLLAR" STRAIGHT TO THE WHITE HOUSE! IN FACT, I THOUGHT, I SAW, SISTER, SUE SHIT OR SCHMIDT, AT TRUMP'S LAST RALLY? WITH SHELLEY? MAYBE! THERE ARE SO MANY SISTER DOUBLES OF ME, IT IS DISGUSTING AND ILLEGAL, AS HELL! IMPEACH TRUMP, ASAP OR A$AP, CODE FOR WE ARE MAKING EVERYBODY MONEY AND TRUMP IS WORKING HIS ASS OFF, TO GET IT! NEWSFLASH, THE "BUSINESS MODEL" VS. THE "CONSTITUTIONAL RIGHTS MODEL!" TRUMP WAS THE ILLEGITIMATE "HOSTILE TAKEOVER" OF THE COUNTRY, AND WHEREVER, AMERICA GOES, THERE GOES THE WORLD! TRUMP'S ECONOMY IS BEING DOCTORED AS ARE THE POLLS, TO MAKE HIM LOOK BETTER THAN HE IS! THE AVERAGE AMERICAN CAN'T EVEN AFFORD TO BUY A CAR NOW DAYS! TOP HEAVY ECONOMICS FOR THE RICH! THEY HAVE GARAGES FULL OF VEHICLES! A SMALL EMERGENCY, THAT IS NOT MORE THAN, $400, WOULD PUT MOST FAMILIES UNDER, ECONOMICALLY,! SO, WHILE THE DOW, SAYS WE SHOULD BE DOING GREAT--IT IS ONLY TRUMP AND HIS CRONIES, WHO ARE DOING WELL! I WANTED TO THANK, OLD NAVY FOR THE AMAZINGLY, COZY, PAJAMAS, THEY DROPPED OFF, AT SOPHIA PLACE, WOMEN'S EMERGENCY SHELTER, IN THE JEWISH SYNAGOGUE! THE JAMMIE TOPS ARE SO, SOFT AND WONDERFUL! KISSES! THANKS TO THE YACHT & SMITH, QUALITY SOCK COMPANY! I LOVE THE RED ONES! I FEEL LIKE I JUST STEPPED INTO CHRISTMAS! SO FUN! SO FESTIVE! SO WARM! HUGS! GREEN. RED. SILVER. CANDY KISSES! SEASTAR FOR THANKSGIVING DINNER! HEARD IT IS AMAZING FROM GIRLS WHO WENT LAST YEAR! CAN'T WAIT! LOVE!

No big love in Utah

Barred advisers sue state for $358 million, accusing securities regulator of witch hunt

Jan 17, 2010 @ 12:01 am

By Jessica Toonkel Marquez

Two former financial advisers who were barred from the securities industry have sued Utah for $357.6 million, accusing state regulators of targeting them without proof of wrongdoing in an over-zealous campaign to bring down securities violators. Advisers Henry S. Brock and Jay Rice both lost their brokerage licenses after separate investigations by the Utah Division of Securities found them to have committed a host of securities violations, including making false promises to seniors at seminars. The pair struck back last month by filing a lawsuit in U.S. District Court for the District of Utah, claiming that the Securities Division heaped dozens of allegations on each of them — 25 for Mr. Brock and 28 for Mr. Rice — without giving them a chance to appear before a judge in a timely manner. They claim that they were put out of business and forced to declare bankruptcy as a result of the agency's actions. “They destroyed my reputation maliciously and wholly without cause,” Mr. Brock said in an interview. “They ruined my lifetime of work and took everything from my family that I had spent my life building,” said Mr. Brock, who in 1997 published “Your Complete Guide to Money Happiness.” Among the claims in the lawsuit are allegations that the Securities Division bribed Mr. Rice's clients, went through Mr. Brock's computers without permission and sent out a press release announcing the action to bar him from the securities industry that contained false information.
The Securities Division, which is part of the Utah Department of Commerce, has been accused of overly aggressive policing before. As a result of a number of adviser complaints, Republican state Assemblyman Jim Bird called for an audit of the division, which was completed in July 2008. The audit found that the division was grossly mismanaged — resulting in long procedural delays, internal conflicts and poor communication, both internally and with financial services professionals being investigated. Jennifer Bolton, a spokeswoman for the Securities Division, referred calls seeking comment to the Utah attorney general's office. Paul Murphy, a spokesman for that office, declined to comment on the case, except to say that his division is working on a legal response. The attorney general has assigned two attorneys to represent all the defendants in the case, a list that reads like a who's who of Utah politics. Those named include Gov. Gary Herbert, Attorney General Mark L. Shurtleff, Commerce Department head Francine Giani, and former and current directors of the Securities Division: Wayne Klein, Keith Woodwell, Tony Taggart and George Robison. Chuck Newton, chairman of the Utah chapter of the Financial Planning Association and president of Advanced Financial Strategies Inc., said he thinks that the lawsuit will be a “test case” that other states will follow to see whether they can raise revenue to fill budget gaps. “Various states are going after advisers for stupid stuff,” he said. Mr. Brock hasn't paid any fines. Mr. Bird said that though he wouldn't be surprised to hear of other lawsuits similar to this one cropping up in the next few months, the Utah Legislature has no immediate plans to revisit the issues. According to the lawsuit, within a month of getting his securities license in August 2002, Mr. Brock was notified that his firm, Brock and Associates Inc., was being shut down because of unspecified violations that carried a fine of $2,500 if proved. According to documents from the Securities Division and the Financial Industry Regulatory Authority Inc.'s BrokerCheck database, he had engaged in dishonest and unethical business practices, including running a “free-lunch” seminar at which seniors were promised unrealistic returns on investments. Mr. Brock was also cited for acting as an unlicensed broker-dealer agent. In October 2002, Securities Division investigators came into Mr. Brock's home and without permission downloaded the contents of his computer from the previous 15 years — even though the statutory limitation on prosecutions is five years, the lawsuit claims. He claims in his lawsuit that he sought an administrative hearing to answer the charges, but the hearing was delayed repeatedly. Two and half years later, after several delays, Mr. Brock received a letter from the Securities Division asking him to provide copies of his communications with a variety of sources, including leaders of the Church of Jesus Christ of Latter Day Saints, of which he is a member. “It was a total fishing expedition,” said JoAnn Secrist, a former Utah assistant attorney general who is representing Mr. Brock and Mr. Rice. In 2006, Mr. Brock settled the 2002 charges with the Securities Division because he was out of money to pay legal fees, he said. In exchange for agreeing to never sell securities again, the Securities Department waived a $100,000 fine. “I settled solely because I could no longer afford to fight them,” said Mr. Brock, adding that he spent more than $100,000 in legal fees. His lawsuit alleges that after the settlement, the Securities Department posted press releases containing false information about him. One such release stated: “An examination by the Division revealed that Mr. Brock solicited securities transactions and took commissions when he was not licensed, guaranteed customers against loss, offered to park the license of an inactive agent, improperly held himself out as a CFP, failed to maintain required books and records, and used scare tactics at seminars for seniors.” Mr. Brock claims that the division paid Google a special fee to make sure the releases showed up first when people searched his name.

Securities Department investigators disciplined Mr. Rice in 2000 because of what he calls minor violations, including being unable to provide a paper trail for a commission he received on a stock transaction.

“My broker-dealer was aware of the transactions, but we could not provide a paper trail to the DOS. I received a fine and a black mark on my record,” Mr. Rice wrote in an e-mail.

The violation cost him his broker-dealer's license and eventually led to a $135,000 fine from NASD, in addition to a $25,000 state fine from the Securities Department.

In 2009, after years of trying to work with enforcement agents, Mr. Rice claims in the complaint that he approached Mr. Woodwell about his problems. At that time, Mr. Woodwell told Mr. Rice to get written statements from three clients named in complaints against Mr. Rice, saying that they had no problems with the adviser.

According to the complaint, Mr. Woodwell then contacted one client directly and offered him $35,000 out of the fine imposed on Mr. Rice if he didn't write the statement.

As a result, Mr. Rice lost more than $3.5 million in net worth and was forced to declare bankruptcy, according to the lawsuit.

The experiences that Mr. Brock and Mr. Rice outline in their complaint are similar to others the Utah Legislature found in its audit.

“There were a lot of problems with the division getting decisions out procedurally, and there were a lot of overzealous individuals at the division,” said a former employee who asked not to be identified.

And though legislation was passed last year to create an independent board to address adjudication of cases brought on by the Securities Division, not everyone thinks that it is working.

“This type of attitude continues to go on at the Division of Securities,” said a Utah financial adviser who asked not to be identified. “It can take a year and a half before you get a decision and in that time you have spent a lot of money and lost a lot of business.”

Mr. Brock runs a small financial planning firm but doesn't have any assets under management.

Mr. Rice is well-known in Utah because his family donated the money to build Rice-Eccles Stadium in Salt Lake City, where the 2002 Winter Olympics were held.

But he thinks that if money had anything to do with why he was targeted by regulators, it was more related to how much he was making as a broker.

“I was making over $100,000 a month at one point,” Mr. Rice said. “In a regulated industry like securities, there is no question that you are going to be scrutinized more heavily if you are making large sums of money.”

He is now working in real estate.

E-mail Jessica Toonkel Marquez at jmarquez@investmentnews.com.