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1
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SEC ADMINISTRATIVE PROCEEDING
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EXTRACTED KEY WORDS
UNIVERSAL BROADBAND SECURITIES COMMISSION SALE BLAKE AMENDMENTS PURSUANT REPORTING EQUITY SECURITIES OWNERSHIP SCHEDULE VIOLATIONS PROMULGATED THEREUNDER BENEFICIAL OWNER RESPONDENT INSTITUTING FINDINGS SETTLEMENT PURPOSE UNIVERSAL BROADBAND NETWORKS INTERJET NET ISSUER STOCK TIMELY FILE COMMITTING CAUSING TRANSACTIONS ADMINISTRATIVE PROCEEDINGS SHAREHOLDERS |
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 44387 / June 4, 2001
ADMINISTRATIVE PROCEEDING
File No. 3-10501
_________________________________________________________________
In the Matter of
Mary E. Blake,
Respondent.
_________________________________________________________________
ORDER INSTITUTING CEASE-
AND-DESIST PROCEEDINGS
PURSUANT TO SECTION 21C OF
THE SECURITIES EXCHANGE ACT
OF 1934 AND FINDINGS AND
ORDER OF THE COMMISSION
I.
The Commission deems it appropriate that public administrative
proceedings be, and they hereby are, instituted pursuant to Section
21C of the Securities Exchange Act of 1934 ("Exchange Act") to
determine whether Mary E. Blake ("Blake") violated Sections 13(d) and
16(a) of the Exchange Act and Rules 13d-1, 13d-2, 16a-2 and 16a-3
promulgated thereunder.
II.
In anticipation of the institution of these administrative
proceedings, Blake ("the Respondent") has submitted an Offer of
Settlement which the Commission has determined to accept. Solely for
the purpose of these proceedings and any other proceeding brought by
or on behalf of the Commission or to which the Commission is a party,
the Respondent, without admitting or denying the matters set forth
herein, consents to the issuance of this Order Instituting
Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities
Exchange Act of 1934 and Findings and Order of the Commission ("the
Order"), and to the entry of the findings, and imposition of the
remedial sanctions set forth below.
SNIPPETS:
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