Ethos Wealth Management Llc

Allegations: LAPIDES WAS A RESIDENT OF FLORIDA SINCE 2005 AND HAD MAINTAINED PROPER REGISTRATIONS. IN FEBRUARY 2015, LAPIDES UNCOVERED A LAPSE IN HIS FL STATE REGISTRATION FROM JAN. 2014 UNTIL MARCH 2015 FROM AN INTERNAL REVIEW. LAPIDES IMMEDIATELY NOTIFIED THE STATE AND FILED THE PROPER REGISTRATION DOCUMENTS WITH THE FL OFR. ON MARCH 13, 2015, THE OFFICE ISSUED AN INQUIRY LETTER, AND LAPIDES RESPONDED THAT HE HAD ENGAGED IN INVESTMENT ADVISORY BUSINESS FROM FLORIDA DURING THE LAPSE PERIOD. HE FURTHER STATED THAT HE BELIEVED THAT HIS REGISTRATION WAS IN GOOD ORDER. THIS IS A FLORIDA STATE SPECIFIC ADMINISTRATIVE MATTER. Status: Final Sanction Detail: N/A Summary: THIS ADMINISTRATIVE PROCEEDING WAS RESOLVED ON JULY 16, 2015 THROUGH THE ACCEPTANCE OF A STIPULATION AND CONSENT AGREEMENT. LAPIDES AGREED TO A MONETARY FINE AND WOULD "CEASE AND DESIST" FROM OPERATING WITHOUT PROPER REGISTRATIONS. THE REGISTRATION HAD BEEN PENDING WITH THE FL OFR SINCE LAPIDES HAD INITIATED HE PROPER FILING IN FEBRUARY 2015, AND THE FL OFR APPROVED THE REGISTRATION REQUESTS IN JULY 2015.