SEC – Administrative Proceeding – Upright Financial Corp

SEC files Administrative Proceedings against Upright Financial Corp. and David Yow Shang Chiueh

Washington, DC (STL.News) The US Securities and Exchange Commission (SEC) has filed an Administrative Proceeding (File No. 3-20664) against Upright Financial Corp. and David Yow Shang Chiueh on November 24, 2021, Respondents, Order Instituting Administrative and Cease-and-Desist Proceedings Pursuant to 8A of the Securities Act of 1933, Sections 203(e), 203(f) and 203(k) of the Investment Advisers Act of 1940, and Section 9(f) of the Investment Company Act of 1940, making findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order.