ORDER INSTITUTING PUBLIC ADMINISTRATIVE v VANUCCI AND


\|

Keywords & Phrases

CaseNo: 33-7625, Defendant: VANUCCI AND, Plaintiff: ORDER INSTITUTING PUBLIC ADMINISTRATIVE, UniqueCaseRef: SEC>33-7625, Investment, Fund, Adviser, Respondents, Act, Securities, Commission, Investment Company, Prospect, Portfolio, Money, Community, Assets, Prospect Hill, Findings, Vanucci, Andrew, Market, Exchange Commission, Instituting, Bankers, Central Regional Office, Nav, Issuance, Remedial Sanctions, Management, Government, United States, Violation, Prior , ContentID: 120244546

Case Documents

1999-01-11

SEC ADMINISTRATIVE PROCEEDING
[ see first page and extracted highlights below ] ItemID: 111280

6 pages
TXT

Total Documents: 1 document , 6 pages

Price: $ 19.95

IVESLCD01 KGI0001

1 . SEC ADMINISTRATIVE PROCEEDING

EXTRACTED KEY WORDS

FUND
ADVISER
RESPONDENTS
ACT
SECURITIES
COMMISSION
INVESTMENT COMPANY
PROSPECT
PORTFOLIO
MONEY
COMMUNITY
ASSETS
PROSPECT HILL
FINDINGS
VANUCCI
ANDREW
MARKET
EXCHANGE COMMISSION
INSTITUTING
BANKERS
CENTRAL REGIONAL OFFICE
NAV
ISSUANCE
REMEDIAL SANCTIONS
MANAGEMENT
GOVERNMENT
UNITED STATES
VIOLATION
PRIOR

                               UNITED STATES OF AMERICA
                                      Before the
                          SECURITIES AND EXCHANGE COMMISSION

          SECURITIES ACT OF 1933
          Release No.    7625 / January 11, 1999

          INVESTMENT COMPANY ACT OF 1940
          Release No. 23638 / January 11, 1999

          INVESTMENT ADVISERS ACT OF 1940
          Release No.  1782 / January 11, 1999

          ADMINISTRATIVE PROCEEDING
          File No. 3-9804


          ORDER INSTITUTING PUBLIC ADMINISTRATIVE AND CEASE-AND-DESIST
          PROCEEDINGS, MAKING FINDINGS, AND IMPOSING REMEDIAL SANCTIONS AND
          CEASE-AND-DESIST ORDERS
                                             :
          In the Matter of                   :
                                             :
               CRAIG S. VANUCCI AND          :
               BRIAN K. ANDREW,              :
                                             :
                    Respondents.             :
                                             :

                                         I.

               The  Securities and Exchange Commission ("Commission") deems
          it appropriate  and  in  the  public  interest  that  pursuant to
          Section  9(b)  of the Investment Company Act of 1940, as  amended
          ("Investment Company  Act")  and Section 203(f) of the Investment
          Advisers Act of 1940, as amended  ("Advisers  Act"),  and  public
          cease-and-desist  proceedings  pursuant  to  Section  8A  of  the
          Securities Act of 1933, as amended ("Securities Act") and Section
          203(k)  of  the  Advisers  Act,  be  instituted  against Craig S.
          Vanucci  ("Vanucci")  and  Brian K. Andrew ("Andrew") (together,
          "Respondents").

                                         II.

               In anticipation of the  institution  of  these  proceedings,
          Respondents have submitted Offers of Settlement ("Offers")  which
          the  Commission has determined to accept.  Solely for the purpose
          of this  proceeding  and  any  other  proceeding brought by or on
          behalf of the Commission or in which the  Commission  is a party,

SNIPPETS:

SECURITIES AND EXCHANGE COMMISSION

INVESTMENT COMPANY ACT OF 1940

INVESTMENT ADVISERS ACT OF 1940

ORDER INSTITUTING PUBLIC ADMINISTRATIVE AND CEASE-AND-DESIST PROCEEDINGS, MAKING FINDINGS,

The Securities and Exchange Commission deems it appropriate and in the public interest that

In anticipation of the institution of these proceedings, Respondents have submitted Offers of

Community Bankers Mutual Fund, Inc., of

Boston, Massachusetts, is a now-inactive open-end management

a single series known as the U.S. Government Money Market Fund

Prospect Hill Advisers, Inc. is a nowdissolved corporation formerly registered with the

made investment recommendations to the Fund’s adviser.