Document ID: SEC-2009-1541-0001
Agency: sec
Document Type: Notice
Title: Sunshine Act Meeting
Posted Date: 2009-10-30T04:00Z

[Federal Register: October 30, 2009 (Volume 74, Number 209)]
[Notices]               
[Page 56249]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr30oc09-103]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Sunshine Act Meeting

    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 an Open Meeting on November 2, 2009, 
at 10 a.m., in Room 10800, to hear oral argument on an appeal by Guy P. 
Riordan from an initial decision of an administrative law judge. The 
law judge found that, from around 1996 to December 2002, Riordan, a 
former registered representative associated with Wachovia Securities, 
LLC, in its Albuquerque, New Mexico, branch office, violated the 
antifraud provisions by making secret cash payments to the New Mexico 
State Treasurer in exchange for securities business from the 
Treasurer's Office. The law judge barred Riordan from associating with 
any broker or dealer; imposed a cease-and-desist order; ordered 
disgorgement of $1,017,278.78, plus prejudgment interest; and assessed 
a $500,000 third-tier civil penalty.
    Among the issues likely to be argued are whether Riordan engaged in 
the conduct alleged, whether that conduct constituted securities fraud 
and, if so, the extent to which sanctions should be imposed.
    Commissioner Casey, as duty officer, determined that no earlier 
notice thereof was possible.
    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: October 28, 2009.
Elizabeth M. Murphy,
Secretary.
[FR Doc. E9-26257 Filed 10-28-09; 4:15 pm]

BILLING CODE 8011-01-P