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SEC v JEFFREY BROMMER Click to find out why . . .



Keywords & Phrases
CaseNo: IA-1840, Defendant: Jeffrey Brommer, Plaintiff: SEC, State: IL Illinois, UniqueCaseRef: SEC>IA-1840, Brommer, Commission, Investment Adviser, Act, Securities, Findings, Exchange, Instituting, Entry, Shares, Matter, Imposing Remedial Sanctions, Pursuant, Admitting, Complaint, Alleges, Making Findings, Deems, Hereby, Jeffrey, Settlement, Denying, Jurisdiction, Brommer Consents, Newsletter, Judgement, Violations, Money, Federal Securities Laws, Allegations Set , ContentID: 120245256

Case Documents
1 1999-09-30 SEC ADMINISTRATIVE PROCEEDING
[ see first page and extracted highlights below  ] ItemID: 111995
3 pages
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Total Documents: 1 document , 3 pages
Price: $ 19.95


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1 . SEC ADMINISTRATIVE PROCEEDING

EXTRACTED KEY WORDS
COMMISSION
INVESTMENT ADVISER
ACT
SECURITIES
FINDINGS
EXCHANGE
INSTITUTING
ENTRY
SHARES
MATTER
IMPOSING REMEDIAL SANCTIONS
PURSUANT
ADMITTING
COMPLAINT
ALLEGES
MAKING FINDINGS
DEEMS
HEREBY
JEFFREY
SETTLEMENT
DENYING
JURISDICTION
BROMMER CONSENTS
NEWSLETTER
JUDGEMENT
VIOLATIONS
MONEY
FEDERAL SECURITIES LAWS
ALLEGATIONS SET
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION

   INVESTMENT ADVISERS ACT OF 1940
   Release No. 1840 / September 30, 1999

   ADMINISTRATIVE PROCEEDING
   File No. 3-10062
   In the Matter of
   Jeffery Brommer
   Respondent. ORDER INSTITUTING PROCEEDINGS
   MAKING FINDINGS AND IMPOSING
   IMPOSING REMEDIAL SANCTIONS

   I.

   The Securities and Exchange Commission ("Commission") deems it
   appropriate and in the public interest that public proceedings be, and
   hereby are, instituted pursuant to Sections 203(e) and 203(f) of the
   Investment Advisers Act of 1940 ("Advisers Act) against Jeffrey
   Brommer ("Brommer").

   In anticipation of the institution of these proceedings, Brommer has
   submitted an Offer of Settlement ("Offer") to the Commission, which
   the Commission has determined to accept. Solely for the purposes of
   this proceeding and any other proceeding brought by or on behalf of
   the Commission or in which the Commission is a party, prior to a
   hearing pursuant to the Commission's Rules of Practice, 17 C.F.R.
   201.100 et seq., and, without admitting or denying the findings
   contained herein, except those contained in paragraphs II.A. and B.,
   and the jurisdiction of the Commission over him and the subject matter
   of these proceedings, which are admitted, Brommer consents to the
   issuance of this Order Instituting Proceedings, Making Findings and
   Imposing Remedial Sanctions ("Order"), and to the entry of the
   findings set forth below.

   II.

   On the basis of this Order and the Offer submitted by Brommer, the
   Commission finds that

   A. Brommer, age 33, of Aurora, Illinois, is registered with the
   Commission as an investment adviser (File No. 801-45805). He conducts
   business under the name "Investments 101 Ltd." and publishes an
   investor newsletter entitled "

   B. On September 29, 1999, a final judgment was entered against Brommer
SNIPPETS:
  • File No. 3-10062 In the Matter of Jeffery Brommer
  • MAKING FINDINGS AND IMPOSING IMPOSING REMEDIAL SANCTIONS
  • The Securities and Exchange Commission deems it appropriate and in the public interest that
  • In anticipation of the institution of these proceedings, Brommer has submitted an Offer of
  • and B., and the jurisdiction of the Commission over him and the subject matter of these
  • He conducts business under the name "Investments 101 Ltd." and publishes an investor
  • Brommer was also ordered to pay disgorgement in the amount of $4,830, with prejudgment
  • Brommer consented to entry of the final judgment without admitting or denying any violations
  • The Commission's Complaint alleges that from February 1998 to July 1998, Brommer fraudulently
  • The Commission's Complaint also alleges that Brommer conducted "scalping" transactions, by
  • the Commission deems it appropriate and in the public interest to impose the sanctions that
  • Brommer is hereby barred from association with any investment adviser, with the right to
  • The findings herein are made pursuant to Jeffrey Brommer's Offer of Settlement and are not
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