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Mark MacArthur: SEC Sanctions Ausdal, M2 Capital Advisor
Valencia, California financial advisor Mark MacArthur (CRD# 2411397) was recently sanctioned by the Securities and Exchange Commission in connection with allegations he violated securities law. Financial Industry Regulatory Authority records show that he is a broker with Ausdal Financial Partners and an investment advisor with M2 Capital Advisors.
Mr. MacArthur’s BrokerCheck report discloses the recent SEC sanction against him. Filed in July 2023, it states that the SEC alleged he “failed to adequately disclose the compensation arrangements he negotiated with the fund managers of four private placement offerings he recommended to his clients.” In connection with these findings, he was ordered to pay a fine of $111,614 and disgorgement of $231,948, as well as an additional monetary penalty of $23,770.84.
According to the Financial Industry Regulatory Authority, Mark MacArthur holds 29 years of securities industry experience. Based in Valencia, California, he has been a broker with Ausdal Financial Partners since 2006 and an investment advisor with M2 Capital Advisors since 2017. His past registrations include Criterion Wealth Management (Valencia, California; 2008-2017), VisionLink Financial Advisors (Valencia, California; 2005-2006), Signator Investors (Valencia, California; 2004-2006), Fisher Investments (Valencia, California; 2003-2004), Alps Distributors (Denver, Colorado; 2003); and First Trust Portfolios (Wheaton, Illinois; 1994-2003). His credentials include the passage of five securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. He is licensed in Alabama, California, North Carolina, and Texas. (Information current as of October 28, 2023.)
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