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1
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SEC ADMINISTRATIVE PROCEEDING
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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
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