This is your Oct. 10, 2013 issue of the State Securities Board Bulletin, a bi-weekly roundup of regulatory news and investor education information.

Already Suspended, Lubbock Adviser Charged with Securities Fraud

The ink was barely dry on Tracy Morgan Spaeth's two-year suspension of his registration as an investment adviser when he allegedly starting selling more securities -- including interests in a "virtual concierge service." READ

Promoter of Investments for Elderly Arrested in Tyler

Richard D. Hicks of Tyler told his clients he could help them with financial planning for long-term health care and federal benefits. Now he's been been arrested on charges related to his sale of promissory notes from a Utah company the SEC has called a $100 million Ponzi scheme. READ

Erxleben to Remain Jailed After Chilling Details of Witness Threat

Russell Erxleben will remain in jail pending his trial on federal securities fraud and money laundering charges. U.S. District Court Judge Lee Yeakel ruled that Erxleben is not only a continuing threat to commit fraud, he's tried to intimidate a witness against him. READ

Investors in Oil Fund Trading Scam Get Money Back

It's always nice to see investors get their money back, which is what happened with investors in Brian Blalock's Fort Worth-based energy trading scam. READ

This Alleged Nafta Fraud Involves an Insurance Company

An alleged Nafta fraud in the Rio Grande Valley had nothing to do with the trade agreement. Instead, it involves an investment in a company called Nafta Insurance Co. The two promoters of the investment face theft charges. READ