(Washington, DC) The District of Columbia Department of Insurance, Securities and Banking (DISB) has received an inquiry on WALLACE STOCK TRANSFERS AGENTS that it is offering securities services using a Washington, DC, address. However, WALLACE STOCK TRANSFERS AGENTS is not registered to effect any securities transaction or do business in Washington, DC.

DISB is warning all District residents that WALLACE STOCK TRANSFERS AGENTS is falsely representing itself as a business located in Washington, DC. Its website, www.wallacesta.com, states that the business is located at:

1150 18th Street, NW
Washington, DC

However, WALLACE STOCK TRANSFERS AGENTS is not located at this address. Individuals associated with the company appear to be located in Florida.

If you have any questions about registration of a company or individuals who are offering or selling securities in Washington, DC, please contact DISB at (202) 727-8000 and ask to talk to the Enforcement and Investigation Bureau or the Securities Bureau.