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SEC ADMINISTRATIVE PROCEEDING
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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:
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