WASHINGTON, June 28 -- The Securities and Exchange Commission issued the following litigation release (No. 3:25-cv-01653; N.D. Tex. filed June 27, 2025) involving Rajesh Markan:

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The Securities and Exchange Commission today filed settled charges against Rajesh Markan, formerly a registered representative and investment adviser representative employed by two securities brokerage firms, for soliciting his brokerage customers to invest in a fake private equity fund.

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