SEC v ROBERT SAYEGH - Legal Case Documents


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SEC v ROBERT SAYEGH

Keywords & Phrases

CaseNo: 34-41226, Defendant: Robert Sayegh, Plaintiff: SEC, State: WA Washington, UniqueCaseRef: SEC>34-41226, Sayegh, Securities, Exchange Act, Proceeding, Bar, Violations, Commission, Registered Securities Association, Injunction, Municipal Securities Dealer, Permanent, Broker, Appeals, District Court, Investment Company, Robert Sayegh, National Securities Exchange, Icp Adrs, Broker-dealer, Law Judge, Sanctions, Administrative Proceeding, Respondent, Manipulation, Sayegh Argues, Remedial Action, Antifraud, Provisions, Enforcement , ContentID: 120247191

Case Documents

1999-03-30

SEC COMMISSION OPINION
[ see first page and extracted highlights below ] ItemID: 117341

11 pages
TXT

Total Documents: 1 document , 11 pages

Price: $ 19.95

IVESLCD01 KGI0001

1 . SEC COMMISSION OPINION

EXTRACTED KEY WORDS

SECURITIES
LAW
EXCHANGE ACT
PROCEEDING
BAR
VIOLATIONS
COMMISSION
REGISTERED SECURITIES ASSOCIATION
INJUNCTION
MUNICIPAL SECURITIES DEALER
PERMANENT
BROKER
APPEALS
DISTRICT COURT
INVESTMENT COMPANY
ROBERT SAYEGH
NATIONAL SECURITIES EXCHANGE
ICP ADRS
BROKER-DEALER
LAW JUDGE
SANCTIONS
ADMINISTRATIVE PROCEEDING
RESPONDENT
MANIPULATION
SAYEGH ARGUES
REMEDIAL ACTION
ANTIFRAUD
PROVISIONS
ENFORCEMENT

                          SECURITIES AND EXCHANGE COMMISSION
                                   Washington, D.C.


          SECURITIES EXCHANGE ACT OF 1934
          Rel. No. 34-41226 / March 30, 1999

          Admin. Proc. File No. 3-9019
          ______________________________________
                                                :
          In the Matter of the Application of   :
                                                :
                     ROBERT SAYEGH              :
                 353 East 83rd Street           :
                  New York, NY 10028            :
          ______________________________________:

                OPINION OF THE COMMISSION

                BROKER-DEALER PROCEEDING

                 Grounds for Remedial Action

                         Injunction

                    Practice and Procedure

             Bar from association with a broker or dealer or
             member of a national securities exchange or
             registered securities association

                         Collateral bar

               Associated person of registered broker-dealer was
               permanently enjoined from violations of the antifraud
               provisions of the federal securities laws.  Held, it is in
               the public interest to bar respondent from association with
               broker, dealer, municipal securities dealer, investment
               adviser, or investment company or with a member of a
               national securities exchange or of a registered securities
               association.

          APPEARANCES:

               Robert Sayegh, pro se.
               Carmen J. Lawrence, Robert B. Blackburn, Anahaita N. Kotval,
               and Bohdan S. Ozaruk, for the Division of Enforcement.

          Appeal filed:  November 7, 1997

SNIPPETS:

SECURITIES AND EXCHANGE COMMISSION

Grounds for Remedial Action

Collateral bar

Associated person of registered broker-dealer was

broker, dealer, municipal securities dealer, investment

national securities exchange or of a registered securities

Both Robert Sayegh and the Division of Enforcement appeal from the decision of an

We instituted this administrative proceeding by order dated June 4, 1996, pursuant to

The order alleged that a permanent injunction was entered against Sayegh in November 1995,

The civil action resulting in the November 1995 injunction was based on Sayegh’s role during

Moore & Schley had become the sole market-maker for ICP ADRs and from October 1987 through

The United States District Court for the Southern District of New York concluded that Sayegh

Sayegh argues that, pursuant to Johnson v.

Exchange Act Section 15authorizes the imposition of sanctions if, among other things, a

The Division challenges the law judge's denial of its request to impose a "collateral bar"

the United States Court of Appeals for the


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