Document ID: SEC-2006-0642-0001
Agency: sec
Document Type: Notice
Title: Meetings; Sunshine Act
Posted Date: 2006-05-18T04:00Z

[Federal Register: May 18, 2006 (Volume 71, Number 96)]
[Notices]               
[Page 28892-28893]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr18my06-92]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Sunshine Act Meetings

    Notice is hereby given, pursuant to the provisions of the 
Government in the Sunshine Act, Public Law 94-409, that the Securities 
and Exchange Commission will hold the following meetings during the 
week of May 22, 2006: An Open Meeting will be held on Monday, May 22, 
2006 at 10 a.m. in the Auditorium, Room LL-002 and Closed Meetings will 
be held on Monday, May 22, 2006 at 11 a.m. and on Thursday, May 25, 
2006 at 2 p.m.
    Commissioners, Counsel to the Commissioners, the Secretary to the 
Commission, and recording secretaries will attend the Closed Meetings. 
Certain staff members who have an interest in the matters may also be 
present.
    The General Counsel of the Commission, or his designee, has 
certified that, in his opinion, one or more of the exemptions set forth 
in 5 U.S.C. 552b(c)(3), (5), (7), (8), (9)(B), (10) and 17 CFR 
200.402(a)(3), (5), (7), (8), (9)(ii), and (10) permit consideration of

[[Page 28893]]

the scheduled matters at the Closed Meeting.
    Commissioner Nazareth, as duty officer, voted to consider the items 
listed for the closed meetings in closed session, and determined that 
no earlier notice thereof was possible.
    The subject matter of the Open Meeting scheduled for Monday, May 
22, 2006 will be: The Commission will hear oral argument in an appeal 
by Gateway International Holdings, Inc., and its president and chief 
executive officer, Lawrence A. Consalvi, from an administrative law 
judge's decision. The law judge found that Gateway failed to file with 
the Commission a total of seven annual and quarterly reports due 
between May 2003 and December 2004, and that, by doing so, Gateway 
violated Section 13(a) of the Securities Exchange Act of 1934 and Rules 
13a-1 and 13a-13 thereunder. The law judge also found that Consalvi 
caused Gateway's violations. The law judge revoked the registration of 
Gateway's common stock and ordered Consalvi to cease and desist from 
committing or causing any violations or future violations of Exchange 
Act Section 13(a) and Exchange Act Rules 13a-1 and 13a-3. Among the 
issues likely to be argued is whether and to what extent sanctions 
should be imposed on Respondents.
    The subject matter of the Closed Meeting scheduled for Monday, May 
22, 2006 will be: Post-argument discussion.
    The subject matter of the Closed Meeting scheduled for Thursday, 
May 25, 2006 will be: Formal orders of investigation; Institution and 
settlement of injunctive actions; Institution and settlement of 
administrative proceedings of an enforcement nature; Request for 
information in an investigative file; Resolution of litigation claims; 
and Litigation matters.
    At times, changes in Commission priorities require alterations in 
the scheduling of meeting items.
    For further information and to ascertain what, if any, matters have 
been added, deleted or postponed, please contact: The Office of the 
Secretary at (202) 551-5400.

    Dated: May 16, 2006.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 06-4706 Filed 5-16-06; 3:52 pm]

BILLING CODE 8010-01-P