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SEC v CARMEL EQUITY PARTNERS, et al Click to find out why . . .



Keywords & Phrases
CaseNo: 33-7980, Defendant: Carmel Equity Partners, et al., Plaintiff: SEC, UniqueCaseRef: SEC>33-7980, Vandeventer, Act, Securities, Proceeding, Commission, Exchange Act, Findings, Matter, Remedies, Times Relevant, Eagle, United States, Pursuant, Cohig, Stock, Teletek, Representatives, Pay Disgorgement, Impose, Investors, Hereby, Amount, Petition, Administrative Proceeding, Remedial Sanctions, Cease-and-desist Order, Respondent Kelsey, Solana Beach, Violations , ContentID: 120243992

Case Documents
1 2001-06-01 SEC ADMINISTRATIVE PROCEEDING
[ see first page and extracted highlights below  ] ItemID: 110726
4 pages
TXT
Total Documents: 1 document , 4 pages
Price: $ 19.95


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1 . SEC ADMINISTRATIVE PROCEEDING

EXTRACTED KEY WORDS
ACT
SECURITIES
PROCEEDING
COMMISSION
EXCHANGE ACT
FINDINGS
MATTER
REMEDIES
TIMES RELEVANT
EAGLE
UNITED STATES
PURSUANT
COHIG
BUSINESS
STOCK
TELETEK
REPRESENTATIVES
PAY DISGORGEMENT
IMPOSE
INVESTORS
HEREBY
AMOUNT
PETITION
ADMINISTRATIVE PROCEEDING
REMEDIAL SANCTIONS
CEASE-AND-DESIST ORDER
RESPONDENT KELSEY
SOLANA BEACH
VIOLATIONS
   UNITED STATES OF AMERICA
   Before the
   SECURITIES AND EXCHANGE COMMISSION

   Release No. 7980 / June 1, 2001

   Securities Exchange Act of 1934
   Release No. 44377 / June 1, 2001

   Administrative Proceeding
   File No. 3-9187
     _________________________________________________________________

   In the Matter of

   CARMEL EQUITY PARTNERS,

   ET AL.
     _________________________________________________________________

   ORDER MAKING FINDINGS AND IMPOSING
   REMEDIAL SANCTIONS AND
   CEASE-AND-DESIST ORDER AGAINST
   RESPONDENT KELSEY VADEVENTER

                                     I.

   The Securities and Exchange Commission ("Commission") instituted
   public administrative and cease-and-desist proceedings pursuant to
   Section 8A of the Securities Act of 1933 ("Securities Act"), and
   Sections 15(b), 19(h) and 21C of the Securities Exchange Act of 1934
   ("Exchange Act") in this matter on November 18, 1996. Respondent
   Kelsey Vandeventer ("Vandeventer") has submitted an Offer of
   Settlement ("Offer") which the Commission has determined to accept.

   Solely for the purpose of these proceedings and any other proceedings
   brought by or on behalf of the Commission or in which the Commission
   is a party, and without admitting or denying the findings herein,
   except for those contained in paragraphs II.A., D. and E.3. below,
   which are admitted, Vandeventer consents to the entry of this Order
   Making Findings and Imposing Remedial Sanctions and Cease-and-Desist
   Order ("Order").

                                    II.

   On the basis of this Order and Respondents' Offer, the Commission
   makes the following findings

SNIPPETS:
  • SECURITIES AND EXCHANGE COMMISSION
  • ORDER MAKING FINDINGS AND IMPOSING REMEDIAL SANCTIONS AND CEASE-AND-DESIST ORDER AGAINST
  • The Securities and Exchange Commission instituted public administrative and cease-and-desist
  • Respondent Kelsey Vandeventer has submitted an Offer of Settlement which the Commission has
  • Cohig & Associates Inc. is a broker-dealer registered with the Commission pursuant to Section
  • At all times relevant to this proceeding, Eagle Holdings, Inc. was a publicly held
  • At all times relevant herein, Eagle common stock was traded on NASDAQ.
  • At all times relevant to this proceeding, Teletek, Inc. was a publicly held corporation with
  • At all times relevant herein, Teletek common stock traded in the over-the-counter markets,
  • Vandeventer was employed as a registered representative at the Solana branch office of Cohig
  • As a further part of the aforesaid conduct, from September 1992 through approximately
  • On March 3, 2000, Vandeventer was convicted by the United States District Court for the
  • The Commission has reviewed the sworn financial statement and other evidence provided by
  • it is in the public interest and for the protection of investors to impose the sanctions
  • Pursuant to Section 8A of the Securities Act and Section 21C of the Exchange Act, Vandeventer
  • Vandeventer shall pay disgorgement in the amount of $18,828, plus prejudgment interest, but
  • Vandeventer shall comply with his undertaking to provide, at the Commission's request, on nue to be considered a party to this action for purposes of the Right to Financial Privacy Act of
  • IT IS FURTHER ORDERED that the Division of Enforcement may, at any time following the entry other issues shall be considered in connection with any such petition other than whether the
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