SEC v. Stephen M. Coleman (2015)

Settled

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In 2015 the SEC settled an administrative proceeding against Stephen M. Coleman, founder of Daedalus Capital, imposing remedial sanctions based on Missouri and Illinois orders against him.

The record

What was ordered

Civil penalty

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Disgorgement

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Prejudgment interest

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Total relief

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Alleged gain

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A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars.

What is alleged to have happened

On July 29, 2015 the SEC accepted a settlement with Stephen M. Coleman, who ran Daedalus Capital, LLC. The order is a follow-on to a Missouri cease-and-desist order and court judgment that barred him from offering unregistered securities in that state, and an Illinois consent order finding that he sold a note by false promises of safety and moved $50,000 of Daedalus money to his own account.

The unregistered-offering findings are state-law findings recited as background. The SEC order finds no Section 5 violation, so the record carries no technique tag.

This library does not assign a technique tag to the matter, because no technique page in the current taxonomy describes the conduct the document records.

For the regulator's own account of the facts, read the primary document linked above. This page deliberately summarises the structured record rather than reproducing the release.

Timeline

1. 2015-07-29 Administrative proceeding instituted (findings)

Primary documents

Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.

• SEC order

The linked release is a work of the United States government and is not subject to copyright. Our summary and narrative above are our own writing.

Record added September 10, 2026. submit a correction.