SEC v. Charles D. Oliver

Charles D. Oliver allegedly sold securities in unregistered offerings of oil and gas securities, acted as an unregistered broker, and failed to disclose financial conflicts of interest to clients. According to the SEC, from at least 2020 through 2021, Oliver marketed and sold approximately $52 million of investments in oil and gas securities to approximately 50 retail investors and received over $4.3 million in transaction-based compensation for selling the unregistered securities.

Summary generated from official Securities and Exchange Commission press release