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1
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SEC ADMINISTRATIVE PROCEEDING
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EXTRACTED KEY WORDS
DISGORGEMENT FUND DISTRIBUTION COMMISSION ADMINISTRATOR RESPONDENT PROPOSED PLAN APPOINTING PURSUANT DAVID MEDOW SECURITIES EXCHANGE PROCEEDING LAURIE JONES CANADY APPROVING SECURITIES EXCHANGE ACT MATTER DIRECTING DISTRIBUTION COMMISSION PUBLISHED NOTICE MIDWEST REGIONAL OFFICE PUBLICATION ACCORDANCE FINANCIAL MANAGEMENT CYNTHIA CHRISTIANSON ESTATE EVELYN FASBENDER DELEGATED AUTHORITY MARGARET MCFARLAND |
United States of America
before the
Securities and Exchange Commission
Securities Exchange Act of 1934
Release No. 47632 / April 3, 2003
Administrative Proceeding
File No. 3-8531
_________________________________________________________________
In the Matter of
LAURIE JONES CANADY
Respondent.
_________________________________________________________________
ORDER APPROVING PLAN OF DISGORGEMENT DISTRIBUTION, APPOINTING
ADMINISTRATOR AND DIRECTING DISTRIBUTION OF DISGORGEMENT FUND
On December 30, 2002, the Commission published notice of the Division
of Enforcement's ("Division") proposed Plan for the Distribution of
Disgorged Funds (the "Plan") in this proceeding (Rel. No. 34-47107).
The Plan proposed that $57,714 disgorged by Respondent Laurie Jones
Canady (the "Disgorgement Fund") pursuant to the Commission's Order
issued on April 19, 2002 be distributed among the four customers
defrauded by the Respondent.
The Division has submitted its proposed Plan in which David J. Medow,
Assistant Regional Director, Midwest Regional Office, is designated as
Administrator of the Disgorgement Fund. The Division has requested
that the Commission approve the Plan, appoint David J. Medow as
Administrator of the Disgorgement Fund and order the distribution of
the disgorged funds pursuant to the Plan. The Commission received no
comments in response to the publication of the Division's proposed
Plan.
IT IS ORDERED that the Plan is approved; and
IT IS FURTHER ORDERED that David J. Medow is appointed as
Administrator of the Disgorgement Fund in accordance with the terms of
the Plan; and
IT IS FURTHER ORDERED that the Office of Financial Management shall
make the following distributions
Carolyn Campbell $ 5,226
Cynthia Christianson $33,651
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