 |
 |
|
|
|
|
|
|
|
| | | |
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
1
.
SEC ADMINISTRATIVE PROCEEDING
|
EXTRACTED KEY WORDS
SECURITIES COMMISSION ACT RESPONDENT CMOS INVESTMENT EXCHANGE ACT PROCEEDING REMEDIES ESCAMBIA FINDINGS YIELDS IMPOSE PAY MISLEADING SANCTIONS SOLD MORTGAGES TRANCHES AMOUNT RISKS INVERSE FLOATERS VIOLATION PAY DISGORGEMENT PLUS PREJUDGMENT CIVIL MONEY PENALTY BRADFORD REGISTERED BROKER-DEALER FLUCTUATIONS |
UNITED STATES OF AMERICA before the SECURITIES AND EXCHANGE COMMISSION
Securities Act of 1933
Release No. 7686 / May 25, 1999
Securities Exchange Act of 1934
Release No. 41444 / May 25, 1999
Administrative Proceeding
File No. 3-9702
In the Matter of
MGSI SECURITIES, INC.,
BRADFORD A. OROSEY,
LARRY J. BAGWELL,
CONNIE L. BALLY,
JOSEPH O. FALLIN, and
JAMES W. OGG,
Respondents.
ORDER MAKING FINDINGS
AND IMPOSING REMEDIAL
SANCTIONS AND A CEASE-
AND-DESIST ORDER AS TO
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") against Respondent Bradford A. Orosey ("Orosey") on
September 10, 1998.
II.
Respondent Orosey has submitted an Offer of Settlement ("Offer") to
the Commission, 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,
and without admitting or denying the findings herein, except as to the
jurisdiction of the Commission over Respondent and over the subject
matter of this proceeding and as to Section IV.A., which is admitted,
Respondent Orosey by his Offer consents to the entry of findings and
remedial sanctions set forth below.
III.
SNIPPETS:
|
|
|
| | | |
|
|
