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1
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SEC ADMINISTRATIVE PROCEEDING
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EXTRACTED KEY WORDS
COMMISSION SECURITIES EXCHANGE ACT PHOTRAN REPORTS COMPLAINT ACCOUNTANT PURSUANT PRACTICE ADMITTING FINDINGS JUDGEMENT VIOLATING MATERIALLY FALSE PERMANENTLY ENJOINS MISLEADING UNITED STATES ADMINISTRATIVE PROCEEDINGS JURISDICTION STEVENSON CONSENTS ENTRY MINNESOTA DEEMS HEREBY DAVID CERTIFIED PUBLIC ACCOUNTANT DENYING MATTER MICHIGAN |
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES ACT OF 1933
Release No. 7755 / October 19, 1999
SECURITIES EXCHANGE ACT OF 1934
Release No. 42031 / October 19, 1999
ACCOUNTING AND AUDITING ENFORCEMENT
Release No. 1192 / October 19, 1999
ADMINISTRATIVE PROCEEDING
File No. 3-10079
______________________________
In the Matter of ORDER INSTITUTING PUBLIC
PROCEEDINGS AND OPINION
David E. Stevenson, AND ORDER PURSUANT TO RULE
102(e) OF THE COMMISSION'S
Respondent. RULES OF PRACTICE
______________________________
I.
The Securities and Exchange Commission ("Commission") deems it
appropriate and in the public interest that public administrative
proceedings be, and they hereby are, instituted pursuant to Rule
102(e) of the Commission's Rules of Practice against David E.
Stevenson ("Stevenson"), a formerly licensed certified public
accountant.
II.
In anticipation of the institution of these administrative
proceedings, Stevenson has submitted an Offer of Settlement of David
E. Stevenson ("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 to which the Commission
is a party, and without admitting or denying the findings contained
herein, except as to the jurisdiction of the Commission over him and
over the subject matter of this proceeding, and the findings contained
in Section III.C. below, which are admitted, Stevenson consents to the
issuance of this Order Instituting Public Proceedings and Opinion and
Order Pursuant to Rule 102(e) of the Commission's Rules of Practice
("Order") and to the entry of the findings and imposition of the
remedial sanction set forth below.
SNIPPETS:
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