Pollok v. Commonwealth

Benton H. Pollok appeals as of right from an order of the State Corporation Commission adjudging him in violation of Virginia’s Securities Act (§§ 13.1-501 et seq.) in connection with the sale of stock of Astro Tree and Lawn Service, Inc. Specifically, the Commission found not only that Pollok had sold stock which was unregistered, in violation of § 13.1-507, but also that he had sold the securities without registering as an agent, in violation of § 13.1-504(a). The Commission imposed upon Pollok a penalty of $1,000 and enjoined him from further violations of the Act.

In brief, the Securities…