State Suspends Stockbroker Licenses For Delinquent Child Support Payments

Indiana Secretary of State Connie Lawson has suspended the licenses of two northwest Indiana stockbrokers for delinquent child support payments in Lake and Porter Counties. Kenneth McCabe and Jeffrey Everaert are no longer licensed in Indiana to sell securities. They are the first securities professionals to have their licenses suspended for delinquent child support since the law enacting the procedure took effect in 2012. Lawson says in a statement she hopes the loss of their livelihood will give them the motivation to start making child support payments.