The Maryland Insurance Administration has for the second time revoked Philip Rousseaux’s insurance producer license — this time because of a bet he made on himself. Rousseaux and his companies, Everest Wealth Management and Everest Investment Advisors, have been locked in simultaneous legal battles against the insurance administration and the securities division in Attorney General Brian Frosh’s office. They remain barred from acting as investment advisers and selling securities. The latest order…
from http://www.bizjournals.com/baltimore/news/2017/04/20/money-guys-founder-philip-rousseaux-loses-bet-on.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/159797664512
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