 |
 |
|
|
|
|
|
|
|
| | | |
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
1
.
SEC ADMINISTRATIVE PROCEEDING
|
EXTRACTED KEY WORDS
EXCHANGE ACT REVENUE RAFFERTY COMMISSION SALES VIOLATIONS RECOGNITION RESPONDENTS TRANSACTIONS REPORTS PURSUANT DAITEL SECURITIES EXCHANGE ACT MARK RAFFERTY SETTLEMENT BASIS OFFICER ACCORDANCE PROMULGATED THEREUNDER QUARTERLY REPORT GAAP CUSTOMER MATERIALLY INACCURATE ACCOUNTING ADMINISTRATIVE PROCEEDINGS FINDINGS CEASE TIMELY DISCLOSING RELATED-PARTY NATURE |
UNITED STATES OF AMERICA
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 41935 / September 28, 1999
ACCOUNTING AND AUDITING ENFORCEMENT
Release No. 1184 / September 28, 1999
ADMINISTRATIVE PROCEEDING
File No. 3-10046
___________________________________
ORDER INSTITUTING
In the Matter of ADMINISTRATIVE PROCEEDINGS
PURSUANT TO SECTION 21C
OF THE SECURITIES EXCHANGE
PETER MADSEN and ACT OF 1934, MAKING FINDINGS
MARK RAFFERTY, AND ORDERING RESPONDENTS TO
CEASE AND DESIST
Respondents.
___________________________________
I.
The Commission deems it appropriate that public administrative
proceedings be, and they hereby are, instituted against Peter Madsen
and Mark Rafferty pursuant to Section 21C of the Securities Exchange
Act of 1934 ("Exchange Act").
II.
In anticipation of the institution of these proceedings, the
Respondents have each sub-mitted Offers of Settlement which the
Commission has determined to accept. Solely for the purposes of these
proceedings and any other proceeding brought by or on behalf of the
Commission or to which the Commission is a party, the Respon-dents,
without admitting or denying the findings set forth herein, except
that they admit to the jurisdiction of the Commission Instituting
Administrative Proceedings Pursuant to Section 21C of the Securities
Exchange Act of 1934, Making Findings and Ordering Respondents to
Cease and Desist ("Order"), each consents to the entry of this Order.
III.
On the basis of this Order and the Offers of Settlement of Peter
Madsen and Mark Rafferty, the Commission finds that
A. Respondents
SNIPPETS:
|
|
|
| | | |
|
|
