Texas Attorney General Ken Paxton Charged By SEC For Fraud

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Mark Melin
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Updated on

Texas Attorney General Ken Paxton might need a refresher in securities law. When he was a member of the Texas House of Representatives, Paxton promoted the stock of a Texas energy company but did not disclose he was receiving commissions on soliciting an investment, the Securities and Exchange Commission charged on Monday. Paxton was active on Twitter as recently as yesterday. Have a blessed Sunday! pic.twitter.com/XsojGlolUv — Ken Paxton (@KenPaxtonTX) April 10, 2016 Great job @Austin_Police! https://t.co/OZUon9nyBc — TX AG’s Office (@TXAG) April 8, 2016 After raising $840,000 and afterwards receiving 100,000 shares of stock, Ken Paxton is charged Paxton…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.