SEC v BOLESLAW WOLNY - Legal Case Documents


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SEC v BOLESLAW WOLNY

Keywords & Phrases

CaseNo: 34-40013, Defendant: Boleslaw Wolny, Plaintiff: SEC, State: WA Washington, UniqueCaseRef: SEC>34-40013, Wolny, Nasd, Conviction, Statutory Disqualification, Securities, Exchange Act, Proceeding, Commission, Registered Representatives, Appeals, Kingston, Firm, Felony Conviction, Money Laundering, Boleslaw Wolny, Securities Dealers, National Association, Continuance, Membership, Committee, Revocation, Transaction Report Form, Punishment, Jeopardy Clause, Currency Transaction Report, Nasd Regulation, President, Underlying Conviction , ContentID: 120247231

Case Documents

1998-05-20

SEC COMMISSION OPINION
[ see first page and extracted highlights below ] ItemID: 117381

18 pages
TXT

Total Documents: 1 document , 18 pages

Price: $ 19.95

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1 . SEC COMMISSION OPINION

EXTRACTED KEY WORDS

NASD
CONVICTION
STATUTORY DISQUALIFICATION
SECURITIES
EXCHANGE ACT
PROCEEDING
COMMISSION
REGISTERED REPRESENTATIVES
APPEALS
KINGSTON
FIRM
FELONY CONVICTION
MEMBER
MONEY LAUNDERING
BOLESLAW WOLNY
SECURITIES DEALERS
NATIONAL ASSOCIATION
CONTINUANCE
MEMBERSHIP
COMMITTEE
REVOCATION
TRANSACTION REPORT FORM
PUNISHMENT
JEOPARDY CLAUSE
CURRENCY TRANSACTION REPORT
NASD REGULATION
ATTORNEYS
PRESIDENT
UNDERLYING CONVICTION






                          SECURITIES AND EXCHANGE COMMISSION
                                   Washington, D.C.

     SECURITIES EXCHANGE ACT OF 1934
     Rel. No. 40013 / May 20, 1998

     Admin. Proc. File No. 3-9241
     __________________________________________________
                                                       :
          In the Matter of the Application of          :
                                                       :
                    BOLESLAW WOLNY                     :
                    328 Spring Street                  :
                    Tannersville, NY 12485             :
                                                       :
           For Review of Denial of a Member's          :












                                  Continuance
 :
                    Application by the                 :

                                                       :
                                                       :
     NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC.  :
     __________________________________________________:

     OPINION OF THE COMMISSION

          REGISTERED SECURITIES ASSOCIATION -- REVIEW OF REVOCATION OF
          REGISTRATION OF ASSOCIATED PERSON AND DENIAL OF MEMBER'S
CONTINUANCE
          APPLICATION

SNIPPETS:

SECURITIES AND EXCHANGE COMMISSION

REGISTERED SECURITIES ASSOCIATION -- REVIEW OF REVOCATION OF REGISTRATION OF ASSOCIATED

Registered securities association denied member firm's application to retain its membership

Alden Adkins and Craig L. Landauer, for NASD Regulation, Inc.

Boleslaw Wolny appeals from the denial by the National Association of Securities Dealers,

Corp. to remain an NASD member if it employed Wolny.

At the time of the proceeding, the Firm employed 2 registered principals and 16 registered

The "client" was, in fact, a government agent engaged in a "sting" operation designed to

This definition parallels that found in Section 3of the Securities and Exchange Act of 1934.

A subcommittee of the Statutory Disqualification Committee of NASD Regulation, Inc. held a

Wolny obtained a blank Currency Transaction Report form from a bank.

In its membership continuance application, Kingston's president stated his belief that Wolny

Wolny also argued that this proceeding is premature because he filed an appeal of his

Wolny further contends that, since he already has been convicted criminally, the NASD


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