Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TexasTowelie

(112,150 posts)
Mon Oct 6, 2014, 01:22 AM Oct 2014

Paxton (R) dismisses securities fine, focuses on campaign for Texas attorney general

Republican attorney general candidate Ken Paxton says he’s moved past his legal troubles and is focused on beating his Democratic opponent and continuing Texas’ fight against federal encroachment.

-snip-

In May, the Texas State Securities Board said Paxton violated state law by soliciting clients, for pay, for a company that dispenses investment advice even though he had not registered with the board. He was fined $1,000. It can be a crime, but Paxton describes it as an administrative error.

“We resolved the issue in the spring,” Paxton said in Allen. “They have been saying that (indictment was possible) ever since. I continue to work on my campaign. That’s something we took care of in the spring.”

But Paxton’s Democratic rival, Houston attorney Sam Houston, said the Republican is unfit for office, a mantra that Paxton’s GOP primary opponents also tried to trumpet. He and others say it’s possible that Paxton will face criminal charges.

Read more: http://www.dallasnews.com/news/politics/headlines/20141005-paxton-dismisses-securities-fine-focuses-on-campaign-for-texas-attorney-general.ece

[font color=green]Felony federal securities fraud IOKIYAR.[/font]

Latest Discussions»Region Forums»Texas»Paxton (R) dismisses secu...