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SEC v HARVEY M. BURSTEIN and JAMES D. LOEFFELBEIN RELEASE NO. 34-47272 Click to find out why . . .



Keywords & Phrases
CaseNo: 33-8184, Defendant: Harvey M. Burstein and James D. Loeffelbein Release No. 34-47272, Plaintiff: SEC, UniqueCaseRef: SEC>33-8184, Plan, Commission, Administrator, Securities, Burstein, Loeffelbein, Respondents, Disgorgement Distribution, Appointing, Thomas, Piccone, Exchange, Act, Proceeding, Harvey, James, Approving, Pursuant, Bma, Accordance, Bma Financial Services, Purchased Shares, Common Stock, Edgerton Musical Amplifiers, Publication, Trial Counsel, Central Regional Office, Delegated Authority, Margaret, Mcfarland , ContentID: 120255890

Case Documents
1 2003-01-29 SEC ADMINISTRATIVE PROCEEDING
[ see first page and extracted highlights below  ] ItemID: 133180
2 pages
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Total Documents: 1 document , 2 pages
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1 . SEC ADMINISTRATIVE PROCEEDING

EXTRACTED KEY WORDS
COMMISSION
ADMINISTRATOR
SECURITIES
BURSTEIN
LOEFFELBEIN
RESPONDENTS
DISGORGEMENT DISTRIBUTION
APPOINTING
THOMAS
PICCONE
EXCHANGE
ACT
PROCEEDING
HARVEY
JAMES
APPROVING
PURSUANT
BMA
ACCORDANCE
BMA FINANCIAL SERVICES
PURCHASED SHARES
COMMON STOCK
EDGERTON MUSICAL AMPLIFIERS
PUBLICATION
TRIAL COUNSEL
CENTRAL REGIONAL OFFICE
DELEGATED AUTHORITY
MARGARET
MCFARLAND
United States of America
before the
Securities and Exchange Commission

Securities Act of 1933
Release No. 8184 / January 29, 2003

Securities Exchange Act of 1934
Release No. 47272 / January 29, 2003

Administrative Proceeding
File No. 3-10545
     _________________________________________________________________

   In the Matter of

   Harvey M. Burstein and
   James D. Loeffelbein

   Respondents.
     _________________________________________________________________

   Order Approving Plan of Disgorgement Distribution and Appointing
   Administrator

   On December 6, 2002, the Commission published notice of the Plan of
   Disgorgement Distribution ("Plan") proposed by the Division of
   Enforcement ("Division") in this proceeding. The Plan proposed that
   $263,345.24 of disgorgement and interest paid by respondents Harvey M.
   Burstein and James D. Loeffelbein pursuant to the Commission's Orders
   issued on April 9, 2002 be distributed among the customers of BMA
   Financial Services, Inc. ("BMA"), other than Burstein or Loeffelbein,
   who purchased shares of the common stock of Edgerton Musical
   Amplifiers, Inc. through BMA between February 20, 1997 and May 31,
   1997.

   The Commission received no comments in response to the publication of
   the Division's proposed Plan.

   The Division proposes in its Plan that Thomas M. Piccone, Trial
   Counsel, Central Regional Office, be designated as Administrator of
   the Plan. The Division has requested that the Commission approve the
   Plan and appoint Thomas M. Piccone as Administrator of the Plan.

   Accordingly,

   IT IS ORDERED that the Plan is approved; and

SNIPPETS:
  • Securities and Exchange Commission
  • Securities Exchange Act of 1934
  • Harvey M. Burstein and James D. Loeffelbein
  • Order Approving Plan of Disgorgement Distribution and Appointing Administrator
  • On December 6, 2002, the Commission published notice of the Plan of Disgorgement Distribution
  • The Plan proposed that $263,345.24 of disgorgement and interest paid by respondents Harvey M.
  • The Commission received no comments in response to the publication of the Division's proposed
  • The Division proposes in its Plan that Thomas M. Piccone, Trial Counsel, Central Regional
  • IT IS FURTHER ORDERED that Thomas M. Piccone is appointed as Administrator of the Plan in
  • For the Commission, by its Secretary, pursuant to delegated authority.
  • Margaret H. McFarland
  •    |