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Find a Location

True Trading Group, LLC. has 2 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

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    Please enter a valid location.
    • True Trading Group, LLC.

      1501 Venera Ave STE 225 Coral Gables, FL 33146-3032

    • True Trading Group, LLC.

      1501 venera ave, suite 225 CORAL GABLES, FL 33146

    Business ProfileforTrue Trading Group, LLC.

    Investment School
    Multi Location Business

    Current Alerts For This Business

    Government Action:
    The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.

    As of September 30, 2021:

    The Securities and Exchange Commission ("Commission") deems it appropriate that cease-
    and-desist proceedings are instituted pursuant to Section 8A of the Securities Act
    of 1933 ("Securities Act") and Section 21C of the Securities Exchange Act of 1934 ("Exchange
    Act") against Adam Heimann ("Heimann"), Michael Perinotti ("Perinotti"), MIDAM Ventures
    LLC ("MIDAM"), and EGM Firm Inc. ("EGM") (collectively, "Respondents").

    Respondents have submitted Offers of Settlement (the "Offers") which the Commission has determined to accept. Solely for the purpose of these proceedings and any other proceedings brought by or on behalf of the
    Commission, or to which the Commission is a party, and without admitting or denying the findings
    herein, except as to the Commission's jurisdiction over them and the subject matter of these
    proceedings, which are admitted, and except as provided herein in Section V, Respondents consent
    to the entry of this Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the
    Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings,
    and Imposing Remedial Sanctions and a Cease-and-Desist Order ("Order"), as set forth below:

    These proceedings arise out of Respondents' misconduct during their promotional
    campaigns for ten microcap companies from July 2015 to August 2018 (the "Relevant Period").
    During the Relevant Period, Respondents concealed they were buying and selling the shares of the
    issuers that were the subjects of the promotional campaigns in the public market, through accounts
    they secretly controlled, to create actual or apparent active trading volume with the expectation that
    the increased volume would induce other investors to purchase or sell the securities, which would
    thereby demonstrate Respondents' successful promotion efforts. Through their actions,
    Respondents engaged in manipulative trading in violation of Exchange Act Section 9(a)(2). Also
    during the Relevant Period, Heimann published certain online articles promoting six of these ten
    stocks, and failed to accurately disclose that he was compensated to promote those stocks in
    violation of Securities Act Section 17(b).

    All Respondents have undertaken to refrain from trading in any account, or directing others to trade in any account, in the securities of any client or issuer that any Respondent is advertising, marketing, or otherwise promoting, or has been engaged to advertise, market, or otherwise promote.

    Heimann has undertaken to refrain from preparing or disseminating any written communication advertising, marketing, or otherwise promoting any security without fully disclosing in the communication itself the source, amount, and duration of all consideration.

    It is also ORDERED that: Heimann, Perinotti, EGM and MIDAM cease and desist from committing or causing any violations and any future violations of Section 9(a)(2) of the Exchange Act, and Respondent Heimann cease and desist from committing or causing any violations and any future violations of Section 17(b) of the Securities Act.

    MIDAM shall pay a civil money penalty in the amount of $487,616 to the Securities and Exchange Commission.
    EGM shall pay a civil money penalty in the amount of $487,616 to the Securities and Exchange Commission.
    Perinotti shall pay a civil money penalty in the amount of $97,523 to the Securities and Exchange Commission.
    Heimann shall pay a civil money penalty in the amount of $177,245 to the Securities and Exchange Commission.

    LINK: https://www.sec.gov/litigation/admin/2021/33-10994.pdf?utm_medium=email&utm_source=govdelivery

    At-a-glance

    Customer Reviews

    This business has 0 reviews

    Customer Complaints

    This business has 0 complaints

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    Reasons for BBB Rating

    Business Details

    This is a multi-location business.

    Find a Location

    True Trading Group, LLC. has 2 locations, listed below.

    *This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

      Country
      Please enter a valid location.
      • True Trading Group, LLC.

        1501 Venera Ave STE 225 Coral Gables, FL 33146-3032

      • True Trading Group, LLC.

        1501 venera ave, suite 225 CORAL GABLES, FL 33146

      Location of This Business
      1501 Venera Ave STE 225, Coral Gables, FL 33146-3032
      BBB File Opened:
      4/10/2018
      Years in Business:
      10
      Business Started:
      9/22/2014
      Business Incorporated:
      9/22/2014 in FL, USA
      Type of Entity:
      Limited Liability Company (LLC)
      Contact Information

      Other Contacts

      • Brett Heimann, Head of Marketing & Business Development
      Additional Contact Information

      Email Addresses

      Customer Complaints

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