1. Ray Lucia is host of The Ray Lucia Show, a nationally syndicated radio and television financial talk show on the Business Talk Radio Network and the Biz Television network.
12 Facts About Ray Lucia
1. 2.
Ray Lucia's family moved to Poway, California when Lucia was ten years old.
3.
On September 5,2012, the SEC alleged that Ray Lucia spread misleading information about his Buckets of Money strategy at a series of investment seminars.
4.
Ray Lucia had assured investors that his strategies had been backtested during bear markets.
5.
On July 9,2013, an administrative judge ordered Ray Lucia to pay $50,000, finding that Ray Lucia's claims that his strategy had been empirically backtested were false.
6.
The administrative judge barred Lucia from associating with any investment advisor or broker, stripped Raymond J Lucia Companies Inc of its investment adviser registration, and fined the company.
7.
Ray Lucia appealed the decision, arguing that the administrative judge position within the SEC was an officer of the United States which required appointment to the position, and argued that the SEC's current judge was not properly appointed.
8.
The SEC and the District Court rejected Ray Lucia's argument, leading him to petition to the United States Supreme Court by mid-2017.
9.
Ray Lucia is author of three books focusing on retirement investment strategies, with co-author Dale Fetherling:.
10.
In 1990, The Ray Lucia Show began airing on radio station KFMB in San Diego.
11.
In September 2010 The Ray Lucia Show was picked up for television by the Biz Television Network.
12.
Ray Lucia announced in June 2019 that he is retiring from broadcasting.