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1
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SEC ADMINISTRATIVE PROCEEDING
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EXTRACTED KEY WORDS
KUNES COMMISSION SECURITIES ACT INTERNET INTERNET MATERIALS INVESTORS PLANTS PURSUANT FOUNDER VIOLATION INSTITUTING FUND FINDINGS MANUFACTURING PLANTS OFFERING LENDER COMMITTING FIRMS LONG-TERM LENDER REGISTRATION STATEMENT EXEMPTION MISREPRESENTATIONS FEDERAL SECURITIES LAWS EXCHANGE COMMISSION ADMINISTRATIVE PROCEEDINGS SETTLEMENT PARAGRAPHS ACCORDING WEB SITE |
UNITED STATES OF AMERICA
Before The
SECURITIES AND EXCHANGE COMMISSION
SECURITIES ACT OF 1933
Release No. 8120 / August 9, 2002
ADMINISTRATIVE PROCEEDING
File No. 3-10860
_________________________________________________________________
In the Matter of
Arthur Lee Kunes,
Respondent.
_________________________________________________________________
ORDER INSTITUTING PUBLIC PROCEEDINGS PURSUANT TO SECTION 8A OF THE
SECURITIES ACT OF 1933, MAKING FINDINGS AND IMPOSING CEASE-AND-DESIST
ORDER
I.
The Securities and Exchange Commission ("Commission") deems it
appropriate that public administrative proceedings be instituted
pursuant to Section 8A of the Securities Act of 1933 ("Securities
Act") against Arthur Lee Kunes ("Kunes").
In anticipation of the institution of these proceedings, Kunes has
submitted an Offer of Settlement, which Offer the Commission has
determined to accept. Solely for the purpose of these proceedings and
any other proceeding brought by or on behalf of the Commission, or in
which the Commission is a party, prior to a hearing pursuant to the
Commission's Rules of Practice, 17 C.F.R. § 201.100 et seq., Kunes
admits the jurisdiction of the Commission over him and the subject
matter of these administrative proceedings and consents to the entry
of this Order Instituting Public Proceedings Pursuant to Section 8A of
the Securities Act of 1933, Making Findings and Imposing
Cease-and-Desist Order ("Order"), without admitting or denying the
Commission's findings, except as for those contained in paragraph
III.A below, which are admitted.
II.
Accordingly, IT IS HEREBY ORDERED THAT proceedings pursuant to Section
8A of the Securities Act be, and hereby are, instituted.
SNIPPETS:
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