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SEC v JOHN DELPRINCE Click to find out why . . .



Keywords & Phrases
CaseNo: 34-48499, Defendant: John DelPrince, Plaintiff: SEC, State: FL Florida, UniqueCaseRef: SEC>34-48499, Delprince, Exchange Act, Commission, Broker, Dealer, Securities, Oip, Proceeding, Dominion, Administrative Law Judge, John Delprince, Pursuant, Florida, Allegations, Complaint, Judgement, United States, Respondent, Sanction, Instituting, Practice, Bar, District, Civil Action, Permitting, Permanent, Fla, Motion, Permanent Injunction , ContentID: 120255621

Case Documents
1 2003-09-17 SEC ADMINISTRATIVE PROCEEDING
[ see first page and extracted highlights below  ] ItemID: 132911
2 pages
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Total Documents: 1 document , 2 pages
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1 . SEC ADMINISTRATIVE PROCEEDING

EXTRACTED KEY WORDS
EXCHANGE ACT
COMMISSION
BROKER
DEALER
SECURITIES
OIP
PROCEEDING
DOMINION
ADMINISTRATIVE LAW JUDGE
JOHN DELPRINCE
PURSUANT
FLORIDA
ALLEGATIONS
COMPLAINT
JUDGEMENT
UNITED STATES
RESPONDENT
SANCTION
INSTITUTING
PRACTICE
BAR
DISTRICT
COURT
CIVIL ACTION
PERMITTING
PERMANENT
FLA
MOTION
PERMANENT INJUNCTION
United States of America
before the
Securities and Exchange Commission

Securities Exchange Act of 1934
Release No. 48499 / September 17, 2003

Administrative Proceeding
File No. 3-11223
     _________________________________________________________________

   In the Matter of

   JOHN DELPRINCE

   Respondent.
     _________________________________________________________________

   ORDER MAKING FINDINGS AND IMPOSING REMEDIAL SANCTION BY DEFAULT

   The Securities and Exchange Commission (Commission or SEC) instituted
   this proceeding on August 15, 2003, by an Order Instituting
   Proceedings (OIP), pursuant to Section 15(b) of the Securities
   Exchange Act of 1934 (Exchange Act).

   The OIP was served on Respondent John DelPrince (DelPrince) at Davie,
   Florida, on August 23, 2003. By the terms of the OIP and Rule 220(b)
   of the Commission's Rules of Practice, 17 C.F.R. § 201.220(b),
   DelPrince's Answer was due twenty days later. No Answer has been
   filed, and the time for filing has now expired. In addition, the
   Division of Enforcement has filed a pleading representing that
   DelPrince has informed it that he does not intend to file an Answer,
   contest the allegations in the OIP, or oppose the requested sanction,
   which is a bar on association with any broker or dealer.

   Accordingly, DelPrince is in default within the meaning of Rules
   155(a)(2) and 220(f) of the Commission's Rules of Practice, 17 C.F.R.
   §§ 201.155(a)(2), .220(f), and an Administrative Law Judge may
   determine the proceeding against him upon consideration of the record,
   including the OIP, the allegations of which may be deemed to be true.

   I find the following allegations in the OIP to be true

   DelPrince, age 46, is a resident of Florida. At all relevant times,
   DelPrince was the president and majority shareholder of Old Dominion
   Securities, Inc. (Old Dominion), a broker and dealer registered with
   the Commission pursuant to Section 15(b) of the Exchange Act.

SNIPPETS:
  • Securities and Exchange Commission
  • Administrative Proceeding
  • The Securities and Exchange Commission instituted this proceeding on August 15, 2003, by an
  • The OIP was served on Respondent John DelPrince at Davie, Florida, on August 23, 2003.
  • By the terms of the OIP and Rule 220of the Commission's Rules of Practice, 17 C.F.R. §
  • In addition, the Division of Enforcement has filed a pleading representing that DelPrince has
  • Accordingly, DelPrince is in default within the meaning of Rules 155and 220of the
  • At all relevant times, DelPrince was the president and majority shareholder of Old Dominion
  • On February 25, 2003, the Commission filed a complaint in the United States District Court
  • The civil action was captioned, Civil Action No. 8 03-CV-321-T-27 (M.D.
  • Fla.)
  • The Complaint alleged, among other things, that from at least July 2000 to December 2000,
  • On July 31, 2003, the court granted the Commission's motion for default and entered an Order
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