SEC v TED HAROLD WESTERFIELD - Legal Case Documents


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SEC v TED HAROLD WESTERFIELD

Keywords & Phrases

CaseNo: 34-41126, Defendant: Ted Harold Westerfield, Plaintiff: SEC, State: WA Washington, UniqueCaseRef: SEC>34-41126, Westerfield, Securities, Commission, Exchange Act, Violations, Bar, Scheme, Investment Adviser, Collateral Bar, Proceeding, Kickback Scheme, Griggs, Criminal Conviction, Permanent Bar, Municipal Securities Dealer, Sanctions, Injunction, Investment Company, Administrative Proceeding, Law Judge, Keystone Mutual Funds, Broker-dealer, Registered Securities, Ted Harold Westerfield, Future Violations, High-yield Bonds, District Court, United States, Enforcement, Transactions , ContentID: 120247193

Case Documents

1999-03-01

SEC COMMISSION OPINION
[ see first page and extracted highlights below ] ItemID: 117343

12 pages
TXT

Total Documents: 1 document , 12 pages

Price: $ 19.95

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1 . SEC COMMISSION OPINION

EXTRACTED KEY WORDS

SECURITIES
COMMISSION
EXCHANGE ACT
VIOLATIONS
BAR
SCHEME
INVESTMENT ADVISER
COLLATERAL BAR
PROCEEDING
KICKBACK SCHEME
GRIGGS
CRIMINAL CONVICTION
PERMANENT BAR
MUNICIPAL SECURITIES DEALER
SANCTIONS
INJUNCTION
INVESTMENT COMPANY
ADMINISTRATIVE PROCEEDING
LAW JUDGE
KEYSTONE MUTUAL FUNDS
BROKER-DEALER
REGISTERED SECURITIES
TED HAROLD WESTERFIELD
FUTURE VIOLATIONS
HIGH-YIELD BONDS
DISTRICT COURT
UNITED STATES
ENFORCEMENT
TRANSACTIONS

                          SECURITIES AND EXCHANGE COMMISSION
                                   Washington, D.C.

          SECURITIES EXCHANGE ACT OF 1934
          Rel. No. 41126 / March 1, 1999

          Admin. Proc. File No. 3-9355
          ___________________________________________________
                                                             :
                           In the Matter of                  :
                                                             :
                        TED HAROLD WESTERFIELD               :
                                                             :
          ___________________________________________________:

          OPINION OF THE COMMISSION

               BROKER-DEALER PROCEEDING

                    Grounds for Remedial Action

                         Conviction

                         Injunction

                    Practice and Procedure

                         Collateral Bar

                         Permanent Bar

               Associated person of a registered broker-dealer was
               convicted of and enjoined from violations arising from a
               kickback scheme with an investment adviser.  Held, it is in
               the public interest to bar respondent from association with
               a broker, dealer, municipal securities dealer, investment
               adviser, investment company, or a member of a national
               securities exchange or of a registered securities
               association.

          APPEARANCES:

               Ted Harold Westerfield, pro se.

               Stephen J. Crimmins, for the Commission's Division of
          Enforcement.

          Appeal filed: March 6, 1998
          Last brief received: June 25, 1998

SNIPPETS:

SECURITIES AND EXCHANGE COMMISSION

Collateral Bar

Associated person of a registered broker-dealer was

adviser, investment company, or a member of a national

In this administrative proceeding, we consider what sanction should be imposed in the public

The Division of Enforcement appeals from the decision of an administrative law judge.

The law judge determined that Westerfield, a former associated person of a broker-dealer,

The Division, in its appeal, challenges the law judge's failure to impose a collateral, or

Westerfield was found guilty by a jury on March 14, 1996, of violating Section 10of the

G. Albert Griggs, Jr., a friend of Westerfield's, was employed as a bond analyst and

Griggs' principal responsibility was to analyze high-yield bonds and to identify profitable