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1
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SEC ADMINISTRATIVE PROCEEDING
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EXTRACTED KEY WORDS
COMMISSION EXCHANGE ACT SECURITIES CHIMNEYVILLE INVESTMENTS INSTITUTING FINDINGS PROCEEDINGS PURSUANT REMEDIAL SANCTIONS CHIMNEYVILLE INVESTMENTS GROUP IMPOSING SETTLEMENT FINDINGS SET CIVIL ACTION ADEQUATE UNITED STATES ADMINISTRATIVE PROCEEDING MATTER MAKING FINDINGS DEEMS ENTRY CONSENTS BROKER-DEALER MISSISSIPPI DISTRICT VIOLATIONS THEREUNDER JOSEPH RANDOLPH BELEW STATES DISTRICT COURT SOUTHERN DISTRICT |
UNITED STATES OF AMERICA
Before The
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 46424 / August 28, 2002
ADMINISTRATIVE PROCEEDING
File No. 3-10873
_________________________________________________________________
In the Matter of
CHIMNEYVILLE INVESTMENTS,
GROUP, INC.,
Respondent.
_________________________________________________________________
ORDER INSTITUTING PUBLIC PROCEEDINGS PURSUANT TO SECTION 15(b)(4) OF
THE SECURITIES EXCHANGE ACT OF 1934, MAKING FINDINGS AND IMPOSING
REMEDIAL SANCTIONS
I.
The Securities and Exchange Commission ("Commission") deems it
appropriate and in the public interest that a public administrative
proceeding be instituted pursuant to Section 15(b)(4) of the
Securities Exchange Act of 1934 ("Exchange Act") against Chimneyville
Investments Group, Inc. ("Chimneyville").
In anticipation of the institution of these proceedings, Chimneyville
has submitted an Offer of Settlement ("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
in which the Commission is a party, and without admitting or denying
the Commission's findings set forth herein, except as to the
jurisdiction of the Commission over it and over the subject matter of
these proceedings and the entry of a Final Judgment of Permanent
Injunction as described in Section III, Paragraph C, below, which it
admits, Chimneyville consents to the entry of this Order Instituting
Proceedings Pursuant to Section 15(b)(4) of the Securities Exchange
Act of 1934, Making Findings and Imposing Remedial Sanctions, which
contains the findings set forth herein and the imposition of the
remedial sanctions set forth below.
II.
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