The commission further ordered that, for a period of three years from the date of the institution of these proceedings, Porcari provide a copy of the order to certain parties including, for example, any public company which has retained Porcari to engage in financial public relations activities. Among other things, the Commission found that in or about september 1989, Porcari was retained by The Cedar Group, Inc. to engage in financial public relations activities. The Commission further found that, in connection with his efforts to bring about a short squeeze in Cedar's securities, Porcari made predictions, without a reasonable basis, to registered representatives that Cedar's stock price would rise to specified levels within specified periods of time. Also, the CODUllission found that Porcari advised groups of registered representatives to purchase specified amounts of Cedar's securities simultaneously in order to raise the market prioe of those securities.
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