 |
 |
|
|
|
|
|
|
|
| | | |
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
1
.
SEC ADMINISTRATIVE PROCEEDING
|
EXTRACTED KEY WORDS
INDEPENDENT CONSULTANT COMMISSION EXCHANGE SECURITIES RICKERT EXCHANGE ACT RESPONDENTS PRACTICES NASDAQ STOCK RECOMMENDATIONS INSTITUTING POLICIES MARKET VIOLATION REASON TRADER PURSUANT FINDINGS ENTRY RELEVANT TIMES THEREUNDER MONEY ORDER RECOMMEND CHANGES FIRMS BUSINESS REVIEW COMMISSION STAFF BANK |
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 34-40920 / January 11, 1999
ADMINISTRATIVE PROCEEDING
File No. 3-9803
______________________________
:
In the Matter of : ORDER MAKING FINDINGS
: AND IMPOSING
CERTAIN MARKET MAKING : SANCTIONS AS TO
ACTIVITIES ON NASDAQ : PIPER JAFFRAY INC.
: AND STACEY R. RICKERT
______________________________:
I.
In the accompanying Order Instituting Proceedings
Pursuant to Sections 15(b) and 21C of the Securities
Exchange Act of 1934 and Findings of the Commission ("Order
Instituting Proceedings"), the Securities and Exchange
Commission ("Commission") instituted these public
administrative proceedings against Piper Jaffray Inc.
("Piper"), Stacey R. Rickert ("Rickert"), and other firms
and individuals. Contemporaneously, Piper and Rickert
("Respondents") have submitted Offers of Settlement
("Offers") in anticipation of the institution of these
proceedings, which the Commission has determined to accept.
In their Offers, Respondents, solely for the purposes of
these proceedings and any other proceedings brought by or on
behalf of the Commission or to which the Commission is a
party, prior to a hearing pursuant to the Commission’s Rules
of Practice, and without admitting or denying the findings
herein, except for the findings of Section II.A., which are
admitted, have consented to the entry of the Order
Instituting Proceedings and this Order Making Findings and
Imposing Sanctions as to Piper Jaffray Inc. and Stacey R.
Rickert (which are hereinafter referred to as the "Orders").
The Commission has determined that it is appropriate
and in the public interest to accept the Respondents’ Offers
and accordingly is issuing this Order.
SNIPPETS:
|
|
|
| | | |
|
|
