CRAIG THOMAS CALLAHAN is currently employed as a Broker and/or Investment Adviser at ICON DISTRIBUTORS, INC. located at 5299 DTC BOULEVARD, SUITE 1200, GREENWOOD VILLAGE, CO, 80111.
CRAIG THOMAS CALLAHAN has worked at ICON DISTRIBUTORS, INC. since September 30, 1991
CRAIG THOMAS CALLAHAN has 1 Disclosure Event(s).
Date: December 28, 1998 Category: Regulatory Initiated By: SECURITIES AND EXCHANGE COMMISSION Allegations: SEC NEWS DIGEST, ISSUE NO. 98-249, DATED DECEMBER29, 1999, ENFORCEMENT PROCEEDINGS DISCLOSES; CRAIG CALLAHAN CONSENT TO THE FINDING THAT A FIRM USED FALSE AND MISLEADING PERFORMANCE ADVERTISING." IN ADDITION, THE COMMISSION SIMULTANEOUSLY INSTITUTED AND SETTLED ADMINISTRATIVE CEASE-AND-DESIST PROCEEDINGS AGAINST CRAIG T. CALLAHAN (CALLAHAN), THE FIRM'S FORMER VICE PRESIDENT AND CURRENT PRESIDENT. CALLAHAN CONSENTED TO THEISSUANCE OF THE ORDER, WITHOUT ADMITTING OR DENYING THECOMMISSION'S FINDINGS. THE COMMISSION FOUND THAT THE FIRM LOCATED IN ENGLEWOOD, COLORADO, EXAGGERATED PERFORMANCE DATAFOR YEARS 1986 THROUGH 1995 BY EXCLUDING ORIGINATIONCOMMISSIONS AND MUTUAL FUND SALES LOADS PAID BY MANY OFTHE FIRM'S ADVISORY CLIENTS. THE INFLATED PERFORMANCE FIGURES WERE DISSEMINATED THROUGH ADVERTISEMENTS IN THE FORM OF BROCHURES PROVIDED TO SOLICITORS, INTERNET POSTINGS,NEWSLETTERS PROVIDED TO CLIENTS, AND QUESTIONNAIRES SUBMITTED TO RATING SERVICES. THE FIRM ACTED THROUGH CALLAHAN. THE ORDER REQUIRES CALLAHAN TO CEASE AND DESIST FROM FURTHER VIOLATIONS. (REL. IA-1779) Resolution: Order SanctionDetails: Sanctions: Cease and Desist/Injunction Sanction Details: CEASE AND DESIST ORDER. Broker Comment: MIMCO AND I WERE SANCTIONED IN AN ADMINISTRATIVE PROCEEDING BY THE U.S. SECURITIES AND EXCHANGE COMMISSION. MIMCO WAS CENSURED, ORDERED TO CEASE AND DESIST FROM FURTHER VIOLATIONS OF THE INVESTMENT ADVISERS ACT, AND ORDERED TO PAY A CIVIL MONEY PENALTY IN THE AMOUNT OF $70,000. I WAS ORDERED TO CEASE AND DESIST FROM FURTHER VIOLATIONS OF THE INVESTMENT ADVISERS ACT.
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for CRAIG THOMAS CALLAHAN, click here.
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.
How to choose a broker or investment adviser. Learn More