The courts and the Commission have interpreted the term broadly.
The Canaccord accounts and the function they served in advancing the scheme are described in greater detail below in Section II. Disgorgement can be exercised only over property causally related to the wrongdoing. Sanctions should demonstrate to the particular respondent, the industry and the public generally that egregious conduct will elicit a harsh response.
Gilbert Marshall purchased 7,781,690 shares; Smith Benton purchased 2,515,000 shares; Strategic purchased 1,488,000 shares. Scroll bars that allow you to move the questions up or down at your convenience. Jones has been sanctioned several times for violating state and federal securities laws. Strategic was not a market maker because it did not make a two-sided market. Usher and Zaman are also liable as the presidents of Gilbert Marshall and Smith Benton, respectively. The location staff will not schedule an appointment for a date past the expiration date stated on your enrollment confirmation. Lehl and Hellen also recommended Sky to their own customers. Sky common stock began trading publicly upon completion of the merger with Winners Circle and continued throughout the relevant period. Usher never made an effort to ascertain what the Gilbert Marshall representatives were telling customers about Sky.