Washington State Department of Financial Institutions

03/17/2026 | Press release | Archived content

Commodore Asset Management, LLC, Darnell Lee Commodore

Case summary

On July 30, 2025, the Washington State Department of Financial Institutions Division of Securities entered a Summary Order and Statement of Charges (S-25-4018-25-TO01) against Commodore Asset Management, LLC, Darnell Lee Commodore.

Order details

Order File: S-25-4018-25-TO01

Laws & Rules: RCW 21.20.110, WAC 460-24A-060, WAC 460-24A-205

Penalties/Remedies:

  • Suspension of registration
  • Revoke registration
  • Deny future registrations
  • Fines & costs

Allegations

  • The Respondents failed to file their 2024 balance sheet.
  • The Respondents failed to file their 2024 annual updating amendments.

The Respondents have a right to request a hearing on the Summary Order and Statement of Charges.

Order file

View order file

Related Order

Consent Order - S-25-4018-25-CO01

Washington State Department of Financial Institutions published this content on March 17, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on March 27, 2026 at 20:17 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]