Yes, there's an Arkansas angle in the SEC civil complaint alleging securities fraud against Texas billionaires Samuel and Charles Wyly. Also named is Dallas stockbroker Louis Schaufele III, a Little Rock native.
Schaufele and the Wylys turned up in earlier reporting about the implosion of the Stanford Group, where Schaufele once worked. Schaufele was a key figure several years ago in congressional investigations of off-shore tax havens. The website of the Episcopal Foundation of Dallas lists him as treasurer and vice president of the board.