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Strategies & Market Trends : Anthony@Pacific & TRUTHSEEKER Expose Crims & Scammers!!!

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To: StockDung who wrote (423)2/28/2006 2:15:53 PM
From: ravenseye  Read Replies (1) of 5673
 
Did he pay the TINY fine?
March 10, 2004
C. Violation of Public Communication Rules. Applicants have not disputed that Elgindy's five press releases recommending that investors sell Saf T Lok violated NASD's rules regarding communications with the public in that the press releases did not disclose that Key West made a market in Saf T Lok securities. Accordingly, we find that Applicants committed the charged violations. The $1,000 fine imposed jointly and severally on Applicants for violation of NASD rules regarding communications with the public is within the range suggested by the NASD Sanction Guidelines.27 We find that the sanction is neither excessive, oppressive nor an unnecessary or inappropriate burden on competition.28
sec.gov
April 17, 2004 he was sent back to jail where he remains.

What's this about? lma(zz)o
Message 16970517
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