U.S. SEC says ex-broker peddled securities after bar from industry

The broker, Rafael Calleja, told investors that their principal was insured and they would receive a fixed rate of return in one year, the U.S. Securities and Exchange Commission said in a complaint filed in Miami federal court. Calleja used at least $123,000 of the investors' money for golf outings, cruises and other personal enjoyment, the SEC said.