Source: http://wdfi.org/newsroom/admin_orders/08_archive.htm
Timestamp: 2018-12-09 19:04:51
Document Index: 141372943

Matched Legal Cases: ['§551', '§553', '§553', '§551', '§ 553', '§553', '§ 551', '§ 551', '§551', '§551', '§ 551']

2008 Administrative Orders Issued (Securities)
Russell K. Myrick of Leawood, Kansas; File No. S-08099(EX). A Summary Order of Prohibition and Revocation for his actions as an unlicensed agent selling unregistered securities in the form of promissory notes and his failure to disclose material facts in the transactions, e.g., that the promissory notes were for his own company and that he no longer was a licensed representative. This order amends the previous order issued September 11, 2008.
Order issued December 23, 2008.
Petition (PDF: 748 KB/ 2 pages)
Russell K. Myrick Order (PDF: 549 KB/ 2 pages)
Dynamic Revolution SDN BHD, Swiss Mutual Fund 1948 S.A. a/k/a SwissCash, Dennis Buck, Amir Bin Hassan, Kelvin Choo Mun Hoe, Todd O’Neal, Conrad A. Schwocha, and Albert Lee Kee Sien; File No. S-08016(EX). Consent Orders of Prohibition and Revocation against Buck and Schwocha; Summary Orders of Prohibition and Revocation against the other respondents for the unlicensed sale of unregistered securities.
Orders were issued December 4, 2008.
Petition (PDF: 1,264 KB/ 3 pages)
Dynamic Revolution SDN BHD Order (PDF: 555 KB/ 2 pages)
Swiss Mutual Fund 1948 S.A. a/k/a SwissCash Order (PDF: 562 KB/ 2 pages)
Dennis Buck Order (PDF: 554 KB/ 2 pages)
Amir Bin Hassan Order (PDF: 537 KB/ 2 pages)
Kelvin Choo Mun Hoe Order (PDF: 542 KB/ 2 pages)
Todd O’Neal Order (PDF: 534 KB/ 2 pages)
Conrad A. Schwocha Order (PDF: 655 KB/ 3 pages)
Albert Lee Kee Sien Order (PDF: 537 KB/ 2 pages)
Soccertots, Inc., and E. Kent Gold of Spokane, Washington; File No. S-07147. Consent Orders of Prohibition for selling an unregistered, non-exempt franchise and for selling a franchise in this state without providing an offering circular in a timely manner.
Order was issued November 17, 2008.
Petition (PDF: 764 KB/ 3 pages)
Soccertots, Inc. Order (PDF: 251 KB/ 1 page)
Soccertots, Inc. Waiver (PDF: 245 KB/ 1 page)
E. Kent Gold Order (PDF: 245 KB/ 1 page)
E. Kent Gold Waiver (PDF: 245 KB/ 1 page)
Michael Niemczyk Associates, Inc., of Gurnee, IL; File No. S-08027(LX). Summary Order of Denial of Investment Adviser License Application for failure to complete his application and failure to update his U4.
Order was issued October 27, 2008.
Petition (PDF: 734 KB/ 2 pages)
Michael Niemczyk Associates, Inc. Order (PDF: 312 KB/ 1 page)
Michael Roznowski of Loves Park, IL; File No. S-07031(LX). Order to Vacate Summary Order of Censure and Prohibition (issued November 7, 2007) based on resolution of the underlying matter by agreement.
Order to Vacate was issued October 13, 2008.
Petition (PDF: 324 KB/ 1 page)
Michael Roznowski Order (PDF: 278 KB/ 1 page)
Jewell Robbins a/k/a Jewell A. Burgin, of Nicolasville, Kentucky; File No. S-08104(EX). Summary Order of Prohibition and Revocation for violating §551.41, Wis. Stats., by making misleading statements in the sale of securities and also for the offer and sale of unregistered securities in the form of investment contracts for a fractional interest in Robbins’ purported interest in litigation filed on behalf of heirs of William R. Meadows for his interest in the Spindeltop oil strike.
The order was issued on October 3, 2008.
Petition (PDF: 877 KB/ 2 pages)
Jewell Robbins a/k/a Jewell A. Burgin Order (PDF: 74 KB/ 2 pages)
POP-N-GO, Inc., Melvin J. Wyman and Greg Tuthill, of California; File No. S-08098(EX). Summary Orders of Prohibition and Revocation for the offer and sale of unregistered security, in the form of an investment contract, by an unlicensed agent.
The orders were issued on September 29, 2008.
Petition (PDF: 743 KB/ 2 pages)
POP-N-GO, Inc. Order (PDF: 505 KB/ 2 pages)
Melvin J. Wyman Order (PDF: 497 KB/ 2 pages)
Greg Tuthill Order (PDF: 477 KB/ 2 pages)
Midwest Labor Services, Inc., and Steven D. Manske of Madison, WI; File No. S-08088(FX). Consent Orders of Prohibition and Revocation for violation of §553.21, Wis. Stats., by selling an unregistered franchise and for violation of §553.27(4), Wis. Stats., by failing to provide the offering circular in the time required.
Orders were issued September 26, 2008.
Petition (PDF: 673 KB/ 2 pages)
Midwest Labor Services, Inc. Order (PDF: 317 KB/ 1 page)
Midwest Labor Services, Inc. Waiver (PDF: 219 KB/ 1 page)
Steven D. Manske Order (PDF: 293 KB/ 1 page)
Steven D. Manske Waiver (PDF: 238 KB/ 1 page)
Americash, Inc., and Kevin D. Maulson of Lac du Flambeau, WI; File No. S-08015(EX). Summary Orders of Prohibition and Revocation for violating §551.41(2), Wis. Stats., by omitting to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading, in connection with the offer and sale of securities to a person in Wisconsin. The securities were promissory notes.
Petition (PDF: 668 KB/ 2 pages)
Americash, Inc. Order (PDF: 520 KB/ 2 pages)
Kevin D. Maulson Order (PDF: 511 KB/ 2 pages)
Russell K. Myrick of Leawood, Kansas; File No. S-08099(EX). A Summary Order of Prohibition and Revocation for his actions as an unlicensed agent selling unregistered securities in the form of promissory notes and his failure to disclose material facts in the transactions, e.g., that the promissory notes were for his own company and that he no longer was a licensed representative.
Order was issued September 11, 2008. This order has been replaced by the Amended Order issued December 23, 2008
Petition (PDF: 762 KB/ 2 pages)
Russell K. Myrick Order (PDF: 554 KB/ 2 pages
Credit USA, Inc, Dr. Terrel L. Alexander, Neco Alexander, William Love III, Edith Munoz, David Shears, and Ruth Shank of Cherry Hill, New Jersey. File No. S-08039(FX). Consent Orders of Prohibition and Revocation for violating § 553.21 by selling a franchise which had not been registered or exempted pursuant to Wisconsin franchise law and for violating §553.27(4), Wis. Stats., by selling a franchise without providing a copy of the offering circular to a prospective franchisee within the required time period.
Order in the Matter of David Shears was issued on September 8, 2008.
Orders for other above-referenced respondents were issued on September 2, 2008.
Petition (PDF: 1,044 KB/ 3 pages)
Credit USA, Inc Order (PDF: 308 KB/ 1 page)
Credit USA, Inc Waiver (PDF: 237 KB/ 1 page)
Dr. Terrel L. Alexander Order (PDF: 293 KB/ 1 page)
Dr. Terrel L. Alexander Waiver (PDF: 238 KB/ 1 page)
Neco Alexander Order (PDF: 293 KB/ 1 page)
Neco Alexander Waiver (PDF: 233 KB/ 1 page)
William Love III Order (PDF: 290 KB/ 1 page)
William Love III Waiver (PDF: 219 KB/ 1 page)
Edith Munoz Order (PDF: 288 KB/ 1 page)
Edith Munoz Waiver (PDF: 220 KB/ 1 page)
Ruth Shank Order (PDF: 292 KB/ 1 page)
Ruth Shank Waiver (PDF: 235 KB/ 1 page)
David Shears Order (PDF: 291 KB/ 1 page)
David Shears Waiver (PDF: 225 KB/ 1 page)
William Gregory Vincent of Marietta, GA; CRD #3007097; File No. S-08132(LX). Summary Order of Denial of Securities Agent License Application for failure to provide documents relating to disciplinary items that appear on Williams CRD record and/or failure to file a U5.
Order issued August 25, 2008
Petition (PDF: 338 KB/ 1 page)
William Gregory Vincent of Marietta Order (PDF: 676 KB/ 2 pages)
Morgan Stanley & Co. Incorporated - Case No. S-06111(LX) - Morgan Stanley's failure to maintain adequate systems to reasonably ensure compliance with Blue Sky laws resulted in the sale of unregistered securities in violation of sec.551.21(1), Wis. Stats. Morgan Stanley failed to reasonably supervise its agents or employees in violation of 551.34(1)(j), Wis. Stats.
Order issued August 22, 2008
Morgan Stanley & Co. Incorporated, Order (PDF: 3 MB/ 19 pages)
The 12 Percent Fund I, LLC, Coyote Growth Management, LLC, and Michael J. Hannan II all of Marana, Arizona; File No. S-08057(EX). Consent Orders of Prohibition and Revocation prohibiting unlicensed sales of unregistered securities and violation of Wis. Stats. § 551.41(2), omitting to state material facts in the selling of securities.
Orders were issued June 30, 2008.
Petition (PDF: 741 KB/ 2 pages)
The 12 Percent Fund I, LLC Order (PDF: 316 KB/ 1 page)
The 12 Percent Fund I, LLC Waiver (PDF: 437 KB/ 2 pages)
Coyote Growth Management, LLC Order (PDF: 325 KB/ 1 page)
Coyote Growth Management, LLC Waiver (PDF: 434 KB/ 2 pages)
Michael J. Hannan II Order (PDF: 348 KB/ 1 page)
Michael J. Hannan II Waiver (PDF: 439 KB/ 2 pages)
Leonard D. Sellers of Kenosha, Wisconsin; File No. S-07058(LX). Consent Order of Prohibition and Suspension, for violating DFI-Sec. 5.06(6), Wis. Admin Code; § 551.34(1)(g), Wis. Stats.; and DFI-Sec 4.06(2)(a), Wis. Admin Code, by borrowing money or securities from, or lending money or securities to, a customer. Seller’s securities agent license was suspended retroactively and his investment adviser representative license has been suspended from July 1, 2008 until October 1, 2008
Order was issued June 30, 2008.
Petition (PDF: 638 KB/ 2 pagse)
Leonard D. Sellers Order (PDF: 414 KB/ 2 pages)
Leonard D. Sellers Waiver (PDF: 249 KB/ 1 page)
William J. Gilbert, of Hudson, Wisconsin. File Number S-07132(EX). Order to Rescind Summary Order of Prohibition and Revocation dated November 20, 2007, relating to the sale of a promissory note. The new order is based on information provided to the staff by respondent.
Order issued May 14, 2008.
Petition Rescind (PDF: 340 KB/ 1 page)
William J. Gilbert Rescind Order (PDF: 263 KB/ 1 page)
Jeffrey D. Knickmeier, of McFarland, Wisconsin. File Number S-07133(EX). Order to Rescind Summary Order of Prohibition and Revocation dated February 25, 2008, relating to the sale of promissory notes. The new order is based on information provided to the staff by respondent.
Order issued April 28, 2008.
Petition Rescind (PDF: 343 KB/ 1 page)
Jeffrey D. Knickmeier Rescind Order (PDF: 266 KB/ 1 page)
Henry v. Schultz, of Neenah, Wisconsin. File Number S-08075-LX. Summary Order of Denial of Investment Adviser Licensing Application, pursuant to §551.34(1)(c), Wis. Stats., based on a felony conviction which constitutes a significant conflict of interest with the fiduciary duty of an investment adviser or investment adviser representative.
Order was issued April 28, 2008.
Petition (PDF: 365 KB/ 1 page)
Henry v. Schultz Order (PDF: 310 KB/ 1 page)
Timothy P. Barry, of Appleton, Wisconsin. File No. S-08045(LX). Consent Order of Censure for compensating a customer for losses incurred without the firm’s written authorization as well as other dishonest or unethical business practices in violation of DFI-Sec. 4.06(2)(i), Wis. Admin. Code and §551.34(1)(g), Wis. Stats.
Order was issued April 18, 2008.
Petition (PDF: 300 KB/ 1 page)
Timothy P. Barry Order (PDF: 233 KB/ 1 page)
Timothy P. Barry Waiver (PDF: 224 KB/ 1 page)
Universal One Club, LLC, of Las Vegas, NV, and Irvine, CA; Boniface B. Mvogo of Laguna Niguel, CA; and Francis F. Jao of Fullerton, CA. File No. S-07172(EX). Summary Orders of Prohibition were issued based on allegations
of the offer and sale of investment contracts in securities.
Orders were issued April 9, 2008.
Petition (PDF: 615 KB/ 2 pages)
Universal One Club, LLC Order (PDF: 368 KB/ 1 page)
Boniface B. Mvogo Order (PDF: 371 KB/ 1 page)
Francis F. Jao Order (PDF: 366 KB/ 1 page)
Roman H. Claas of Menomonee Falls, WI; File No. S-08019(EX).
Consent Order of Prohibition was issued based on the unlicensed offer or sale of investments in viatical settlements.
Order was issued April 9, 2008.
Petition (PDF: 473 KB/ 2 pages)
Roman H. Claas Order (PDF: 283 KB/ 1 page)
Roman H. Claas Waiver (PDF: 215 KB/ 1 page)
Jeffrey P Hertel, d/b/a Corporate Investment Advisors, of Milwaukee, WI; File No. S-07167(EX). Consent Orders of Prohibition were issued based on allegations of the unlicensed offer or sale of nvestment contracts in securities, the offer or sale of unregistered securities, and making untrue statements of material fact in connection with the offer or sale of securities..
Orders were issued April 4, 2008.
Petition (PDF: 979 KB/ 3 pages)
Jeffrey P Hertel, d/b/a Corporate Investment Advisors Order (PDF: 277 KB/ 1 page)
Jeffrey P Hertel, d/b/a Corporate Investment Advisors Waiver (PDF: 231 KB/ 1 page)
Multiple One Group, Inc., aka Guardian International Travel, Swainson Hawke, and Riley E Fitzsimons. File No. S-08012(EX). Summary Order of Prohibition against Riley E. Fitzsimons for unlicensed selling of unregistered securities.
Order filed March 11, 2008.
Petition (PDF: 509 KB/ 2 pages)
Riley E Fitzsimons Order (PDF: 534 KB/ 2 pages)
Leonard E. Dunn; File No. S-08034(LX). Consent Order of Suspension of Securities Agent License for period of 10 business days for engaging in discretionary trading in a customer’s account without prior written permission.
Order filed March 03, 2008.
Petition (PDF: 354 KB/ 1 page)
Leonard E. Dunn Suspense Order (PDF: 252 KB/ 1 page)
Leonard E. Dunn Waiver (PDF: 241 KB/ 1 page)
David W. Knall; File No. S-08033 (LX). Summary Order of Suspension of Securities Agent License for twelve months in response to SEC consent order suspending his license and permanently enjoining him from insider trading.
Order filed February 27, 2008.
Petition (PDF: 329 KB/ 1 page)
David W. Knall Order (PDF: 314 KB/ 1 page)
Jeffrey D. Knickmeier, File No. S-07133 (EX). Summary Order of Prohibition and Revocation for selling an unregistered security and for fraud in the selling of the security in violation of § 551.41, Wis. Stats.
Order filed February 25, 2008.
Petition (PDF: 696 KB/ 2 pages)
Jeffrey D. Knickmeier Order (PDF: 517 KB/ 2 pages)
Discovernet, Inc. and William H. Gray; File No. S-07100 (EX). Consent Orders of Prohibition for offer or sale of unregistered securities.
Order filed February 13, 2008.
Petition (PDF: 479 KB/ 2 pages)
Discovernet, Inc. Order (PDF: 260 KB/ 1 page)
Discovernet, Inc. Waiver (PDF: 264 KB/ 1 page)
William H. Gray Order (PDF: 260 KB/ 1 page)
William H. Gray Waiver (PDF: 251 KB/ 1 page)
Jason R. Fuller, Renee Fuller, Ronnie Fuller; File No. S-07092 (EX). Summary Orders of Prohibition and Revocation (Amended) for offering unregistered franchise, failure to provide offering circular, and making misleading statement.
Order filed February 5, 2008.
Petition (PDF: 954 KB/ 3 pages)
Jason R. Fuller Order (PDF: 533 KB/ 2 pages)
Renee Fuller Order (PDF: 533 KB/ 2 pages)
Ronnie Fuller Order (PDF: 534 KB/ 2 pages)
American Teddy Bear Association; Renee’s Wonderful World of Teddy Bear Puppies; S-07092 (EX). Summary Orders Revoking Previous Orders because it was found that these two entities did not actually exist.
American Teddy Bear Association Revoking Order (PDF: 314 KB/ 1 page)
Renee’s Wonderful World of Teddy Bear Puppies Order (PDF: 324 KB/ 1 page)
James M. Gedlen, File No. S-07157(EX). Summary Order of Prohibition and Revocation for the sale of an unregistered security.
Order filed January 11, 2008.
James M. Gedlen Order (PDF: 68 KB/ 2 pages)
Paul A. Treloar, Integrity Investors, LLC, and Freddie M. Carson a/k/a Marshall Carson; File No. S-06089(EX). Consent Orders of Prohibition and Revocation for sales of unregistered securities.
Orders were issued January 11, 2008.
Paul A. Treloar Order (PDF: 42 KB/ 2 pages)
Paul A. Treloar Undertaking (PDF: 39 KB/ 1 page)
Paul A. Treloar Waiver (PDF: 34 KB/ 1 page)
Integrity Investors, LLC Order (PDF: 42 KB/ 1 page)
Integrity Investors, LLC Waiver (PDF: 36 KB/ 1 page)
Freddie M. Carson a/k/a Marshall Carson Order (PDF: 43 KB/ 2 pages)
Freddie M. Carson a/k/a Marshall Carson Waiver (PDF: 32 KB/ 1 page)