UNITED STATES OF AMERICA

Before the

SECURITIES AND EXCHANGE COMMISSION

SECURITIES EXCHANGE ACT OF 1934

Release No. 83179 / May 7, 2018

ADMINISTRATIVE PROCEEDING

File No. 3-16203

____________________________________________

 :

In the Matter of : 

 : 

ANTHONY CORONATI : ORDER DIRECTING

and BIDTOASK, LLC, : DISBURSEMENT OF FAIR

 : FUND

Respondents. :

____________________________________________ :

On February 22, 2017, the Securities and Exchange Commission (“Commission”) 

published a Notice of Proposed Plan of Distribution and Opportunity for Comment (“Notice”),

1

pursuant to Rule 1103 of the Commission’s Rules on Fair Fund and Disgorgement Plans

(“Commission’s Rules”),

2

for the distribution of the Fair Fund in this administrative proceeding. 

The Notice advised interested persons that they could obtain a copy of the proposed Plan of 

Distribution (“Plan”) from the Commission’s public website at 

http://www.sec.gov/litigation/fairfundlist.htm or by submitting a written request to Nichola L. 

Timmons, Esq., United States Securities and Exchange Commission, 100 F Street, NE, 

Washington, DC 20549-5876. The Notice also advised that all persons desiring to comment on 

the Plan could submit their comments, in writing, no later than thirty (30) days from the date of 

the Notice (1) to the Office of the Secretary, United States Securities and Exchange Commission, 

100 F Street, NE, Washington, DC 20549-1090; (2) by using the Commission’s internet 

 

1

 Exchange Act Rel. No. 80087 (Feb. 22, 2017).

2

 17 C.F.R. § 201.1103.
2

comment form (http://www.sec.gov/litigation/admin.shtml); or (3) by sending an e-mail to rulecomments@sec.gov. The Commission received no comments on the Plan during the comment 

period. On April 17, 2017, the Secretary, pursuant to delegated authority, issued an order 

approving the Plan.3

The Plan provides for the distribution of the Fair Fund to Eligible Investors,4and further 

provides for all Eligible Investors to receive monies from the Fair Fund that represent their 

proportionate share of the distributable amount of the Fair Fund. The Fair Fund is not being 

distributed according to a claims-made process. 

The Plan further provides for the distribution of the Fair Fund through the U.S. 

Treasury’s Bureau of the Fiscal Service when the Fund Administrator submits a payment file 

with payee information in a Commission-approved format. The Fund Administrator has 

submitted a payment file with payee information for the disbursement of $125,000.00. 

Commission staff have reviewed the payment file and requests that, consistent with Rule 

1101(b)(6) of the Commission’s Rules, 17 C.F.R. § 201.1101(b)(6), the Commission direct the 

payment of $125,000.00 from the Fair Fund for distribution by the Fund Administrator in 

accordance with the Plan.

Accordingly, it is ORDERED that the Commission staff shall direct the payment of

$125,000.00 from the Fair Fund in accordance with the Plan. 

By the Commission.

Brent J. Fields

Secretary

 

3

 Order Approving Plan of Distribution, Exchange Act Rel. No. 80469 (Apr. 17, 2017).

4

 All capitalized terms used but not herein defined shall have the same meanings ascribed to them in the Plan.