Diastole Wealth Management

Includes form instructions and options. Options shown in this text do not identify which boxes were selected.

GENERAL INSTRUCTIONS
This Disclosure Reporting Page (DRP ADV) is an 
INITIAL OR
AMENDED response used to report details for affirmative responses to Items 11.C., 11.D.,
11.E., 11.F. or 11.G. of Form ADV.
Regulatory Action
Check item(s) being responded to:
11.C(1)
11.C(2)
11.C(3)
11.C(4)
11.C(5)
11.D(1)
11.D(2)
11.D(3)
11.D(4)
11.D(5)
11.E(1)
11.E(2)
11.E(3)
11.E(4)
11.F.
11.G.
Use a separate DRP for each event or proceeding . The same event or proceeding may be reported for more than one person or entity using one DRP. File with
a completed Execution Page. 
One event may result in more than one affirmative answer to Items 11.C., 11.D., 11.E., 11.F. or 11.G. Use only one DRP to report details related to the same
event. If an event gives rise to actions by more than one regulator, provide details for each action on a separate DRP.
PART I
A.  The person(s) or entity(ies) for whom this DRP is being filed is (are):
You (the advisory firm)
You and one or more of your advisory affiliates
One or more of your advisory affiliates
If this DRP is being filed for an advisory affiliate, give the full name of the advisory affiliate below (for individuals, Last name, First name, Middle name). 
If the advisory affiliate has a CRD number, provide that number. If not, indicate "non-registered" by checking the appropriate box.
ADV DRP - ADVISORY AFFILIATE
CRD
Number:
1023859
This advisory affiliate is 
a Firm
an Individual
Registered:
Yes
No
Name:
EDEN, ELIZABETH, DIANA
(For individuals, Last, First,
Middle)
This DRP should be removed from the ADV record because the advisory affiliate(s) is no longer associated with the adviser.
This DRP should be removed from the ADV record because: (1) the event or proceeding occurred more than ten years ago or (2) the adviser is
registered or applying for registration with the SEC or reporting as an exempt reporting adviser with the SEC and the event was resolved in the
adviser's or advisory affiliate's favor.
If you are registered or registering with a state securities authority , you may remove a DRP for an event you reported only in response to Item
11.D(4), and only if that event occurred more than ten years ago. If you are registered or registering with the SEC, you may remove a DRP for any
event listed in Item 11 that occurred more than ten years ago.
This DRP should be removed from the ADV record because it was filed in error, such as due to a clerical or data-entry mistake. Explain the
circumstances: 
B.
If the advisory affiliate is registered through the IARD system or CRD system, has the advisory affiliate submitted a DRP (with Form ADV, BD or U-4) to
the IARD or CRD for the event? If the answer is "Yes," no other information on this DRP must be provided.
 Yes
 No

NOTE: The completion of this form does not relieve the advisory affiliate of its obligation to update its IARD or CRD records.
PART II
1.  Regulatory Action initiated by:
SEC   
Other Federal   
State   
SRO
Foreign
(Full name of regulator, foreign financial regulatory authority, federal, state, or SRO) 
SECURITIES AND EXCHANGE COMMISSION
2.
Principal Sanction:
Cease and Desist
Other Sanctions: 
CENSURE AND CIVIL AND ADMINISTRATIVE PENALTIES/FINES; LIMITATION OF ACTIVITIES AND UNDERTAKING
3.
Date Initiated (MM/DD/YYYY): 
05/01/2019
 Exact
 Explanation
If not exact, provide explanation:
GENERAL INQUIRY FROM SEC INITIAL ON OR AROUND MAY 2019
4.
Docket/Case Number:
FILE NO. 3-20534
5.
Advisory Affiliate Employing Firm when activity occurred which led to the regulatory action (if applicable):
DIASTOLE WEALTH MANAGEMENT, INC.
6.
Principal Product Type:
Other
Other Product Types: 
PRIVATE FUND
7.
Describe the allegations related to this regulatory action (your response must fit within the space provided):
ON SEPTEMBER 10, 2021, THE SEC ISSUED A SETTLED ORDER (THE "ORDER), TO WHICH DWM AND ELIZABETH EDEN (THE "RESPONDENTS') CONSENTED
WITHOUT ADMITTING OR DENYING THE FINDINGS IN THE ORDER. ACCORDING TO THE ORDER, DWM DID NOT ADEQUATELY DISCLOSE CERTAIN
CONFLICTS OF INTEREST RELATING TO INVESTMENTS MADE BY EDEN PARTNERS ABSOLUTE GROWTH FUND ("EPAG") IN NOTES ISSUED BY MARKET76,
INC. ("M76"), A PRIVATE COMPANY OWNED BY ELIZABETH EDEN'S SON. ACCORDING TO THE ORDER, A PORTION OF THE PROCEEDS FROM THE EPAG
INVESTMENT IN M76 WERE TRANSFERRED TO DWM AS REPAYMENT OF LOANS THAT DWM PREVIOUSLY HAD MADE TO M76. EPAG HAS BEEN REIMBURSED
FOR THAT PORTION OF EPAG'S INVESTMENT IN M76 THAT WAS TRANSFERRED TO DWM. THE ORDER ALSO FOUND THAT DWM DID NOT TIMELY DELIVER
AUDITED FINANCIAL STATEMENTS FOR EPAG TO THE FUND INVESTORS.
8.
Current Status?      
 Pending
 On Appeal
 Final
9.
If on appeal, regulatory action appealed to (SEC, SRO, Federal or State Court) and Date Appeal Filed:
If Final or On Appeal, complete all items below. For Pending Actions, complete Item 13 only.
10. How was matter resolved:
Decision & Order of Offer of Settlement
11. Resolution Date (MM/DD/YYYY):
09/10/2021
 Exact
 Explanation
If not exact, provide explanation:
12. Resolution Detail:
A.  Were any of the following Sanctions Ordered (check all appropriate items)?
 Monetary/Fine Amount: $ 160,000.00
 Revocation/Expulsion/Denial
 Disgorgement/Restitution
 Censure
 Cease and Desist/Injunction
 Bar
 Suspension
B.
Other Sanctions Ordered:
Sanction detail: if suspended, enjoined or barred, provide duration including start date and capacities affected (General Securities Principal,
Financial Operations Principal, etc.). If requalification by exam/retraining was a condition of the sanction, provide length of time given to
requalify/retrain, type of exam required and whether condition has been satisfied. If disposition resulted in a fine, penalty, restitution,
disgorgement or monetary compensation, provide total amount, portion levied against you or an advisory affiliate, date paid and if any portion of
penalty was waived: 

THE ORDER FINDS THAT THE RESPONDENTS VIOLATED CERTAIN PROVISIONS OF THE INVESTMENT ADVISERS ACT OF 1940 (THE "ADVISERS ACT")
AND ORDERS THAT (1) RESPONDENTS ARE CENSURED, (2) RESPONDENTS CEASE AND DESIST FROM FUTURE VIOLATIONS OF THE ADVISERS ACT,
(3) DWM PAY A CIVIL PENALTY OF $100,000 AND MS. EDEN PAY A CIVIL PENALTY OF $60,000, AND (4) MS. EDEN IS LIMITED IN HER ACTIVITIES
FROM SERVING AS A CHIEF COMPLIANCE OFFICER. DWM ALSO AGREED TO ENGAGE AN INDEPENDENT COMPLIANCE CONSULTANT TO REVIEW
CERTAIN ASPECTS OF DWM'S COMPLIANCE PROGRAM AND MAKE RECOMMENDATIONS. PAYMENT SHALL BE MADE IN THE FOLLOWING
INSTALLMENTS: (I) WITHIN 10 DAYS OF THE ENTRY OF THIS ORDER, DIASTOLE SHALL PAY $33,000 AND EDEN SHALL PAY $20,000; (II) WITHIN 6
MONTHS OF THE ENTRY OF THIS ORDER, DIASTOLE SHALL PAY ANOTHER $33,000 AND EDEN SHALL PAY ANOTHER $20,000; AND (III) WITHIN 12
MONTHS OF ENTRY OF THIS ORDER, DIASTOLE SHALL PAY THE BALANCE OF $34,000 AND EDEN SHALL PAY THE BALANCE OF $20,000.
13. Provide a brief summary of details related to the action status and (or) disposition and include relevant terms, conditions and dates (your response
must fit within the space provided).
ON SEPTEMBER 10, 2021, THE SEC ISSUED A SETTLED ORDER (THE "ORDER"), TO WHICH DWM AND ELIZABETH EDEN (THE "RESPONDENTS")
CONSENTED WITHOUT ADMITTING OR DENYING THE FINDINGS IN THE ORDER. ACCORDING TO THE ORDER, DWM DID NOT ADEQUATELY DISCLOSE
CERTAIN CONFLICTS OF INTEREST RELATING TO INVESTMENTS MADE BY EDEN PARTNERS ABSOLUTE GROWTH FUND ("EPAG") IN NOTES ISSUED BY
MARKET76, INC. ("M76"), A PRIVATE COMPANY OWNED BY ELIZABETH EDEN'S SON. ACCORDING TO THE ORDER, A PORTION OF THE PROCEEDS FROM
THE EPAG INVESTMENT IN M76 WERE TRANSFERRED TO DWM AS REPAYMENT OF LOANS THAT DWM PREVIOUSLY HAD MADE TO M76. EPAG HAS BEEN
REIMBURSED FOR THAT PORTION OF EPAG'S INVESTMENT IN M76 THAT WAS TRANSFERRED TO DWM. THE ORDER ALSO FOUND THAT DWM DID NOT
TIMELY DELIVER AUDITED FINANCIAL STATEMENTS FOR EPAG TO THE FUND'S INVESTORS. THE ORDER FINDS THAT THE RESPONDENTS VIOLATED
CERTAIN PROVISIONS OF THE INVESTMENT ADVISERS ACT OF 1940 (THE "ADVISERS ACT") AND ORDERS THAT (1) RESPONDENTS ARE CENSURED, (2)
RESPONDENTS CEASE AND DESIST FROM FUTURE VIOLATIONS OF THE ADVISERS ACT, (3) DWM PAY A CIVIL PENALTY OF $100,000 AND MS. EDEN PAY A
CIVIL PENALTY OF $60,000, AND (4) MS. EDEN IS LIMITED IN HER ACTIVITIES FROM SERVING AS A CHIEF COMPLIANCE OFFICER. PURSUANT TO THE
ORDER, DWM HAS ALSO AGREED TO ENGAGE AN INDEPENDENT COMPLIANCE CONSULTANT TO REVIEW CERTAIN ASPECTS OF DWM'S COMPLIANCE
PROGRAM AND MAKE RECOMMENDATIONS.