Andy Altahawi, Miami July 12, 2019, I have great respect for the Securities and Exchange Commission’s mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation. I have enjoyed and still enjoy a great relationship with the agency as a filer, where I help my clients to qualify their offering under Regulation A+ and under other regulations.
My reputation and my family’s reputation were tarnished by print media from known and unknown online publications since April of 2018, relating to my involvement with Longfin as a consultant. Since the intial SEC allegation that was filed in the Southern District of New York in Manhattan on April 5th, 2018 I was advised by my attorneys that I shouldn’t be vocal or comment publicly on the case.
However, after I reached a settlement with the SEC, I believe the general public, and my clients should hear my side of the story. According to my settlement agreement with the SEC, I do not admit nor deny the alleged violation.
Here is my short story of working with Longfin as a consultant: Background:
Before Longfin, I have qualified over 12 Reg A+ offerings with the SEC since 2016, and I didn’t have one issue with any one of them. Additionally, I was a financial advisor/investment banker since 1994 as I started at Prudential Securities at One Liberty Plaza in the heart of Wall Street. Also, I owned my own licensed broker dealer/investment bank “Adamson Brothers” from 1998 to 2007, and I had about 65 employees and registered reps. I had two flagship offices in New Jersey and California, the firm was examined by the SEC and FINRA “NASD” regularly, and we were never cited for any securities violations. Myself and my firm “Adamson Brothers” had very clean records, and