UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES ACT OF 1933
Release No. 7746 / September 29, 1999
ADMINISTRATIVE PROCEEDING
File No. 3-10051
In the Matter of
Paul Page, Jr. and
The Page Group,
Respondents.
ORDER INSTITUTING PUBLIC
PROCEEDINGS PURSUANT TO
SECTION 8A OF THE SECURITIES
ACT OF 1933, MAKING FINDINGS,
AND IMPOSING A CEASE-AND-DESIST ORDER
I.
The Securities and Exchange Commission ("Commission") deems it
appropriate that public cease-and-desist proceedings against Paul
Page, Jr. ("Page") and The Page Group (collectively, "Respondents") be
initiated, pursuant to Section 8A of the Securities Act of 1933
("Securities Act").
In anticipation of the institution of these proceedings, Respondents
have submitted an Offer of Settlement ("Offer"), which the Commission
has determined to accept. Solely for the purpose of these proceedings
and any other proceedings brought by or on behalf of the Commission or
in which the Commission is a party, and without admitting or denying
the findings set forth herein, except that Respondents admit the
Commission's jurisdiction over them and over the subject matter of
these proceedings, Respondents have consented to the entry of this
Order Instituting Public Proceedings Pursuant to Section 8A of the
Securities Act of 1933, Making Findings, and Imposing a
Cease-and-Desist Order ("Order") and to the entry of the
cease-and-desist order set forth below.
II.
On the basis of this Order and the Offer submitted by Respondents, the
Commission finds that
A. Page, age 56 and a resident of Houston, Texas, is the president and
co-owner of The Page Group and at all times relevant herein operated
SNIPPETS:
UNITED STATES OF AMERICA
SECURITIES AND EXCHANGE COMMISSION
ORDER INSTITUTING PUBLIC PROCEEDINGS PURSUANT TO SECTION 8A OF THE SECURITIES ACT OF 1933,
The Securities and Exchange Commission deems it appropriate that public cease-and-desist
and The Page Group (collectively, "Respondents") be initiated, pursuant to Section 8A of the
Solely for the purpose of these proceedings and any other proceedings brought by or on behalf
d Imposing a Cease-and-Desist Order and to the entry of the cease-and-desist order set forth below.
Page, age 56 and a resident of Houston, Texas, is the president and co-owner of The Page
The Page Group provides investor relations consulting services primarily to small
From March 26, 1999, through April 1, 1999, Respondents violated Section 17of the Securities
ved or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without
Published a newsletter entitled, which described and recommended the purchase of the common
Received, directly or indirectly, from Benz, a payment of $30,000, reimbursement for the
Respondents failed to disclose the receipt of the $30,000 cash payment, the amount of
cease and desist from committing or causing any violation and any future violation of Section
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