UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 46322 / August 8, 2002
ACCOUNTING AND AUDITING ENFORCEMENT
Release No. 1612 / August 8, 2002
ADMINISTRATIVE PROCEEDING
File No. 3-10859
_________________________________________________________________
In the Matter of
EDWARD T. CREEVY,
Respondent.
_________________________________________________________________
ORDER INSTITUTING PUBLIC PROCEEDINGS, MAKING FINDINGS AND IMPOSING AN
ORDER PURSUANT TO RULE 102(e) OF THE COMMISSION'S RULES OF PRACTICE
I.
The Securities and Exchange Commission ("Commission") deems it
appropriate and in the public interest to institute administrative
proceedings against Respondent Edward T. Creevy, pursuant to Rules
102(e)(1)(iii), 102(e)(2) and 102(e)(3)(i)(A) of the Commission's
Rules of Practice (17 C.F.R. §§ 201.102(e)(1)(iii), 201.102(e)(2) and
201.102(e)(3)(i)(A)).
II.
In anticipation of the institution of these proceedings, Creevy has
submitted an Offer of Settlement ("Offer"), which the Commission has
decided to accept. Solely for the purpose of these proceedings and any
other proceedings brought by or on behalf of the Commission or to
which the Commission is a party, Creevy consents to the issuance of
this Order and to the entry of the findings and imposition of the
remedial sanction set forth below, without admitting or denying the
Commission's findings, except that he admits that the Commission has
jurisdiction over him and over the subject matter of this proceeding
and he admits the Commission's findings in paragraphs III.D and III.E
herein relating to his felony conviction and his being permanently
enjoined from future violations of the Federal securities laws.
SNIPPETS:
UNITED STATES OF AMERICA
SECURITIES AND EXCHANGE COMMISSION
EDWARD T. CREEVY,
ORDER INSTITUTING PUBLIC PROCEEDINGS,
ORDER PURSUANT TO RULE 102OF THE COMMISSION'S RULES OF PRACTICE
Solely for the purpose of these proceedings and any other proceedings brought by or on behalf
ings in paragraphs III.D and III.E herein relating to his felony conviction and his being
Creevy, age 51, served as the vice president and chief financial officer of Donnkenny, Inc.,
He was an unlicensed certified public accountant in the State of Connecticut from 1975 until
Donnkenny is a Delaware corporation headquartered in New York, New York which, during the
During the relevant period, Donnkenny's securities were registered with the Commission
From early 1994 through at least August 1996, Creevy, among others, assisted Donnkenny's
With Creevy's knowledge and occasional active participation, the scheme was effected by,
On February 2, 1999, the Commission filed a complaint in the United States District Court for
Creevy consented to entry of the final judgment in the civil action without admitting or
E. In a parallel criminal proceeding brought in the United States District Court for the
On the basis of this Order and the Respondent's Offer, the Commission finds that Creevy
Creevy, based on his pleading guilty, to one count of violating 18 U.S.C. § 371 for knowingly and
betting violations of Exchange Act Sections 13, 13, and 13and Rules 12b-20, 13a-1, and 13a-13.
Creevy is denied the privilege of appearing or practicing before the Commission as an
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