SEC Freeses Assets of Registered Investment Advisory Firm

The following article should be read by anyone trying to hire someone to manage their trading account.
On March 8, 2011, the SEC obtained an emergency court order freezing the assets of Jason Bo-Alan Beckman, of Plymouth, Minnesota, and his registered investment advisory firm Oxford Private Client Group, LLC, for their role in a massive foreign currency trading scheme that raised at least $194 million from nearly 1,000 investors. The court also entered a freeze order against the assets of Beckman’s wife, Hollie Beckman, who also received investor funds. In addition, the court issued an order appointing a receiver over all of these assets.
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