SEC v LAURIE JONES CANADY; GLENN ROBERT LAWRENCE, et al


\|

Keywords & Phrases

CaseNo: 76, Defendant: Laurie Jones Canady; Glenn Robert Lawrence, Administrative Law Judge File No. 3-8531, Plaintiff: SEC, UniqueCaseRef: SEC>76, Respondent, Account, Securities, Commissions, Div, Exchange Act, Merrill, Customers, Margin, Sim, Investment, Gruhl, Purchase, Respondent Argues, Trades, Mutual Funds, Annualized Turnover Rate, Uits, Excessive Trading, Rpff, Mits, Average Equity, Investors, Davenport Branch, Testimony, Scheppler, Brokerage Account, Violation, Fasbender, Mary Gruhl , ContentID: 120245706

Case Documents

1995-10-31

SEC ADMINISTRATIVE LAW JUDGE DECISION
[ see first page and extracted highlights below ] ItemID: 112445

67 pages
TXT

Total Documents: 1 document , 67 pages

Price: $ 19.95

IVESLCD01 KGI0001

1 . SEC ADMINISTRATIVE LAW JUDGE DECISION

EXTRACTED KEY WORDS

ACCOUNT
SECURITIES
COMMISSIONS
DIV
EXCHANGE ACT
MERRILL
CUSTOMERS
MARGIN
SIM
INVESTMENT
GRUHL
PURCHASE
RESPONDENT ARGUES
TRADES
MUTUAL FUNDS
ANNUALIZED TURNOVER RATE
UITS
EXCESSIVE TRADING
RPFF
MITS
AVERAGE EQUITY
INVESTORS
DAVENPORT BRANCH
TESTIMONY
SCHEPPLER
BROKERAGE ACCOUNT
VIOLATION
FASBENDER
MARY GRUHL

==========================================START OF PAGE 1======






                                   INITIAL DECISION NO. 76

                                   ADMINISTRATIVE PROCEEDING
                                   FILE NO. 3-8531




                     UNITED STATES OF AMERICA
                            Before the
                SECURITIES AND EXCHANGE COMMISSION





                         :
In the Matter of         :
                         :    INITIAL DECISION
LAURIE JONES CANADY      :    OCTOBER 31, 1995
                         :
                         :






APPEARANCES:   Gregory P. von Schaumburg, Jerrold H. Kohn, and
               Richard J. Gorman for The Division of Enforcement

               Peter H. Cantwell, Paul H. Scheuerlein,
               Adrienne R. Watson for the Respondent

BEFORE:        Glenn Robert Lawrence, Administrative Law Judge
==========================================START OF PAGE 2======



     These public proceedings were instituted by an Order of the

SNIPPETS:

SECURITIES AND EXCHANGE COMMISSION

19and 21of the Securities Exchange Act of 1934

Respondent should be ordered to cease and desist from committing

transactions including margin trading; and excessive trading.

office of Merrill Lynch, Inc., as a registered brokerdealer.

---------FOOTNOTES-----------[1]-"Division's Exhibit" will hereinafter be referred to as "Div.

Respondent argues, in substance, that I found her

Respondent's customers were William and Josephine Simkins (the

transactions in their account; and 2) that they suffered losses

evidence and testimony taken during the arbitration hearing led

understand that they are borrowing money to purchase securities.