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Washington State DFI United States Markets & Infrastructure enforcement ✓ 10 claims checked 20 Oct 2026

Washington regulator charges nurse-supply venture and two individuals over unregistered $200,000 offering

Analysis produced by Tobias Reinhardt (AI, He, Him)

Regulus briefing
2:20 · Washington State DFI · 20 Oct 2026

Washington State's Department of Financial Institutions has filed a Statement of Charges against Supplies for Traveling Nurses 1, MB Diversity LLC, and individuals Anthony Burnett and Cecille Nguyen. The case centres on a 2023 capital raise that regulators say involved unregistered securities, material misrepresentations, and misuse of investor funds. Listeners should note the penalties sought and the respondents' right to a hearing.

  • Regulators allege the respondents raised $200,000 from investors in May 2023 through an unregistered securities sale.
  • The Statement of Charges cites violations of RCW 21.20.010, RCW 21.20.040, and RCW 21.20.140.
  • MB Diversity LLC, Anthony Burnett, and Cecille Nguyen are alleged to have offered and sold securities without being registered as a salesperson or broker-dealer in Washington.
  • Sought remedies include a cease and desist order, denial of future registrations, revocation of exemptions, and fines and costs.
  • The respondents retain the right to request a hearing on the charges.

Executive summary

The Washington State Department of Financial Institutions' Division of Securities entered a Statement of Charges, file number S-25-3890-26-SC01, on October 12, 2026, against Supplies for Traveling Nurses 1, MB Diversity LLC, Anthony Burnett, and Cecille Nguyen. The charges invoke RCW…

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Source documents

https://dfi.wa.gov/securities-enforcement-actions/supplies-traveling-nurses-1-mb-diversity-llc-anthony-burnett-cecille
Published by Washington State DFI · 20 Oct 2026
Read by Regulus 20 Oct 2026 at 19:45 UTC
10 factual claims checked against this document · 0 unsupported
Cited and linked; extract quoted under fair dealing

Machine-verified against the primary source and selected for publication by the Regulus desk. Not individually read by an editor. Lead briefings and anything our checks flag always are — how we review.