NY Attorney General serves cease and desist order to Trump Foundation

MSNBC reported on Monday that the Trump Foundation has been ordered to cease operation.

According to MSNBC's Katy Tur, New York Attorney General Eric Schneiderman (D) served the Trump Foundation with a cease and desist order after The Washington Postreported that the foundation had not received the proper certification to operate as a charity.

"This does not mean that they can stop handing out money," Tur explained. "It only means that for the moment, they must stop soliciting money."

"On Friday, September 30, the Office of New York State Attorney General Eric Schneiderman issued a Notice of Violation to the Donald J. Trump Foundation ('Trump Foundation') and directed the entity to cease and desist from soliciting contributions in New York," Schneiderman's office said in a statement. "The notice states that the Trump Foundation 'is in violation of section 172 of Article 7-A New York's Executive Law, which requires charitable organizations that solicit contributions in New York State to register with the Charities Bureau and to provide annual financial reports and annual audited financial statements.' Despite failing to register pursuant to Article 7-A, the Trump Foundation solicited contributions in New York State earlier this year, in violation of New York law."

A statement from the Trump campaign questioned Schneiderman's motives, but promised to comply with the order.