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SEC targets Langemeier and LOL for conflicts of interest

Montage of the SEC building
GRIP Montage: Getty Images

Self-styled ‘Millionaire Maker’ fined for breaching fiduciary duties.

The US District Court for the District of Nevada entered a final judgment against Loral Langemeier and her company, Live Out Loud, Inc (LOL), for selling securities in unregistered offerings, acting as unregistered brokers for, and breaching their fiduciary duties as, investment advisers by failing to disclose financial conflicts of