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2005 Administrative Orders Issued (Securities)

Signed copies of  Petitions for Order and Orders associated with the following persons or entities are available in the PDF format.

Curtis R. Edmark. File No. S-05221(EX). Consent Order of Prohibition for acting as an unlicensed securities agent and for selling unregistered securities in the form of viatical settlement contracts on behalf of Beneficial Assurance, Ltd.
Order issued: December 23, 2005

Ronald D. Johnson. File No. S-05201(EX). Summary Order of Prohibition for acting as an unlicensed securities agent selling unregistered securities in the form of viatical settlement contracts on behalf of Beneficial Assurance, Ltd..
Order issued: December 23, 2005

Michael Forbes and Pioneer Advertising Agency. File No. S-05067(EX). Summary Orders of Prohibition and Revocation for the offer and sale of unregistered securities in the form of an opportunity to invest in a direct response national advertising campaign by Pioneer Advertising Agency.
Order issued: December 23, 2005

Donna M. Vogt. File No. S-03083(EX). Notice of Hearing and Prehearing Conference concerning possible revocation of respondent’s license for making unsuitable securities recommendations to clients, for unethical business practices, harassment of clients, filing a misleading statement with the Division, and other actions.
Order issued: December 23, 2005

Robert R. Wilkos. File No. S-05225(LX).Summary Order of Denial of Securities Agent License for failure to complete application.
Order issued: December 02, 2005

David A. Olson. File No. S-05151(EX). Summary Order of Prohibition for the offer and sale of unregistered securities, in the form of Mutual Benefits viatical settlement contracts, by an unlicensed agent.
Order issued: December 02, 2005

Virgil H. Hentz and Global Escience Corp. File No. S-04026(EX). Summary order of Prohibition for the sale of unregistered securities in the form of common stock.
Order issued: December 02, 2005

Network Services Depot Inc dba Net Depot Inc, Bikini Vending Corp, Charles V. Castro, and Edward Bevilacqua. File No. S-05187(EX). Summary Orders of Prohibition and Revocation for the offer and sale of unregistered securities in the form of internet kiosk sales agreements, by unlicensed agents.
Order issued: November 23, 2005

Critters Dreams LLC, Li'l Mouse Playhouse, Inc and Mark R. Anderson. File No. S-04187(EX). Summary Order Vacating Previous Order. The Summary Order previously issued was vacated as of July 18, 2005.
Order issued: November 23, 2005

Joseph F. Pavela. File No. S-05146(EX). Summary Order of Prohibition for the offer and sale of unregistered securities, in the form of Mutual Benefits viatical settlement contracts, by an unlicensed agent.
Order issued: November 04, 2005

American Energy Resources Corp, H & M Petroleum, Inc., Don Allen, and Robert E. Bangs. File No. S-05194(EX). Summary Orders of Prohibition and Revocation for the sale of unregistered securities, in the form of working interests in oil and gas wells, by an unlicensed agent.
Order issued: November 04, 2005

Ronald M. Breight. File No. S-05066(EX). Consent Order of Prohibition, Revocation, and Censure for the sale of unregistered securities, in the form of Mutual Benefits viatical settlements, off the books and records of his broker-dealer while employed by the broker-dealer, and taking unfair advantage of his customers by advising them to buy unregistered securities.
Order issued: October 26, 2005

Nexidis LLC, Global Financial Solutions LLC, Simon Juhlin, Jared Schneider, and Jason Jensen. File No. S-05007(EX). Summary and Consent Orders of Prohibition for the offer and sale of unregistered securities, in the form of interests in a program where the investor allowed the issuer to use their credit as collateral to purchase properties, by unlicensed agents.
Order issued: October 26, 2005

Roger A Mathison. File No. S-01058(EX). Consent Order of Prohibition and Revocation for the sale of unregistered securities, in the form of Mutual Benefits viatical settlements, by an unlicensed agent all in violation of a previously issued order. This Order replaces the Order issued on May 24, 2002
Order issued: October 26, 2005

Donald W. Kiley. File No. S-05143(EX). Summary Order of Prohibition and Censure for the sale of unregistered securities, in the form of Mutual Benefits viatical settlements, off the books and records of his employing broker-dealer.
Order issued: October 26, 2005

Michelle Bruete-Holte. File No. S-05124(EX). Summary Order of Prohibition for acting as an unlicensed investment advisor.
Order issued: October 26, 2005

Jeremiah J. Brod. File No. S-05179(EX). Summary Order of Prohibition and Revocation for acting as an unlicensed investment advisor.
Order issued: October 26, 2005

Gigapix Studios, Inc, Christopher J. Blauvelt, John Savage, and Steven Wilson. File No. S-05012(EX). Summary Orders of Prohibition for the sale of unregistered securities, in the form of stock, by unlicensed agents.
Order issued: October 24, 2005

Ross Kamat. File No. S-05093(EX). Summary Order of Prohibition and Revocation for fraud in the offer and sale of unregistered securities, in the form of working interests in an oil and gas well operated by Prairie Resources, by an unlicensed agent.
Order issued: October 24, 2005

Guy A. Neau. File No. S-05175(EX). Consent Order of Prohibition for the offer and sale of unregistered securities, in the form of PCO, Inc.. viatical settlement contracts, by an unlicensed agent.
Order issued: October 24, 2005

Neil S. Moderson. File No. S-05155(EX). Consent Order of Prohibition and Censure for the offer and sale of unregistered securities, in the form of Resort Holdings International Universal Leasehold Interests, off the books and records of his employing broker dealer.
Order issued: October 24, 2005

Richard L. Troyer. File No. S-05158(EX). Consent Order of Prohibition and Censure for the offer and sale of unregistered securities, in the form of Resort Holdings International Universal Leasehold Interests, off the books and records of his employing broker dealer.
Order issued: October 24, 2005

Young Oil Corp., Anthony L. Young, and Tareq R Al-Abassi. File No. S-04201(EX). Consent and Summary Orders of Prohibition and Revocation for sales of unregistered securities, in the form of partnership units, by unlicensed agents.
Order issued: October 06, 2005

Waddell & Reed, Inc. - Case No. S-05048(LX). Consent Order of Prohibition entered into jointly with the Office of the Commissioner of Insurance based on unsuitable recommendations in the offer and sale of variable annuities. This was part of a nationwide settlement against the firm.
Order issued: August 2005

American Data Solutions, Inc., American Data Sales, Inc., William R. Kennedy, Leon Joe, Mike Seymour, Alfred Cohen, Lee Banks, Dennis Rogers. File No. S-04191(EX). Consent and Summary Orders of Prohibition and Revocation for the offer and sale of unregistered securities, in the form of Cashless ATM machines, by unlicensed agents, and for employing unlicensed agents.
Order issued: October 06, 2005

Jeffrey J. Kain. File No. S-05159(EX). Consent Order of Prohibition for the offer and sale of unregistered securities, in the form of Resort Holdings International Universal Leasehold Interests, by an unlicensed agent.
Order issued: October 06, 2005

Anderson-Drake, Inc. and James R. Young aka Jay Young. File No. S-04093(EX). Consent Order of Prohibition and Revocation for the sale of unregistered securities, in the form of joint venture interest in an oil & gas well drilling venture, by unlicensed agents and for fraud. Replaces Summary Order issued against these Respondents on November 18, 2004.
Order issued: October 06, 2005

Invest Sure Corp. File No. S-05186(EX). Consent Order –Ends previous suspension order issued against firm for failure to provide requested records and failure to maintain records; imposes conditions on license going forward.
Order issued: October 13, 2005

Roger Denton Martin and Rogermartin.biz. File No. S-03248(EX). Summary Orders of Prohibition and Revocation for the offer and sale of unregistered securities in the form of investment contract securities.
Order issued: October 6, 2005

Empire Business Solutions and James P Duncan. File No. S-05166(EX). Summary Orders of Prohibition and Revocation for the offer and sale of unregistered securities, in the form of shares of Empire, by unlicensed agents.
Order issued: October 6, 2005

Michael W. Hetzel. File No. S-05157(EX). Summary Order of Prohibition for the offer and sale of unregistered securities, in the form of Resort Holdings International Universal Leasehold Interests, by an unlicensed agent.
Order issued: October 6, 2005

Carolyn A. Petroske. File No. S-05147(EX). Consent Order of Prohibition for the offer and sale of unregistered securities, in the form of Mutual Benefits Corp. viatical settlement contracts, by an unlicensed agent.
Order issued: October 6, 2005

Fred Petroske. File No. S-05148(EX). Consent Order of Prohibition and Censure for the offer and sale of unregistered securities, in the form of Mutual Benefits Corp. viatical settlement contracts, by a securities agent off the books and records of his employing broker-dealer.
Order issued: October 6, 2005

Gerald W. Bradford. File No. S-05176(EX). Consent Order of Prohibition for the offer and sale of unregistered securities, in the form of PCO, Inc.. viatical settlement contracts, by an unlicensed agent
Order issued: October 6, 2005

Trent N. Tinder. File No. S-05156(EX). Summary Order of Prohibition and Censure for the offer and sale of unregistered securities, in the form of Resort Holdings International Universal Leasehold Interests, off the books and records of his employing broker dealer.
Order issued: October 6, 2005

Financial Freedom USA Network, Susan Dowe, and Patricia A. Cadwallader aka Ann Davis. File No. S-05089(EX). Summary Orders of Prohibition and Revocation for the sale of unregistered securities, in the form of interests in an internet web site business, by unlicensed agents.
Order issued: September 23, 2005

James E. Sundelius. File No. S-05154(EX). Consent Order of Prohibition and Censure for the sale of unregistered investment contract securities, in the form of Resort Holdings International Universal Lease, off the books and records of his employing broker-dealer.
Order issued: September 23, 2005

John J. Zaczek. File No. S-05153(EX). Consent Order of Prohibition and Censure for the sale of unregistered investment contract securities, in the form of Resort Holdings International Universal Lease, off the books and records of his employing broker-dealer.
Order issued: September 23, 2005

David G. Schilling. File No. S-05120(EX). Consent Order of Prohibition for the sale of unregistered investment contract securities, in the form of Mutual Benefits Viaticals.
Order issued: September 23, 2005

L. Peter Freisinger. File No. S-05141(EX). Consent Order of Prohibition for the sale of unregistered investment contract securities, in the form of Mutual Benefits Viaticals, by an unlicensed agent.
Order issued: September 23, 2005

Paula J. Steinke. File No. S-05150(EX). Summary Order of Prohibition for the sale of unregistered investment contract securities, in the form of Mutual Benefits Viaticals, by an unlicensed agent.
Order issued: September 23, 2005

Mary E. Moe. File No. S-05144(EX). Consent Order of Prohibition for the sale of unregistered investment contract securities, in the form of Mutual Benefits Viaticals, by an unlicensed agent.
Order issued: September 23, 2005

Morgan Stanley DW Inc. File No. S-05073(EX). Consent Order of Assessment for failing to timely respond to a request from the staff for information.
Order issued: September 09, 2005

Premier Online Solution LLC a/k/a Premier Online Solutions, Ron Jones, and Joe Caba. File No. S-05069(EX). Orders of Prohibition and Revocation for sales by unlicensed agents of unregistered securities in the form of interests in internet web business investment contracts.
Order issued: September 06, 2005

Robert E. Nick. File No. S-05145(EX). Order of Prohibition for sale by an unlicensed agent of unregistered securities in the form of viatical settlement contracts.
Order issued: September 06, 2005

Millionaire Web Club Inc., Marvin Q. Wilson, and Peter Ballato. File No. S-05068(EX). Orders of Prohibition and Revocation for sale of unregistered securities in the form of interests in internet web business investment contracts.
Order issued: September 06, 2005

Jeffery J. Kain and Peter D. Krzyzaniak. File No. S-03068(EX). Orders of Prohibition and Revocation for sales by unlicensed agents of unregistered securities in the form of hotel rental lease interest investment contracts.
Order issued: September 06, 2005

Cano Energy Corp, Steven Jefferey Johnson a/k/a S. Jeff Johnson a/k/a Jeff Johnson, and William Paul Hudson. File No. S-03268(EX). Orders of Prohibition and Revocation for sales by unlicensed agents of unregistered securities in the form of oil & gas well venture interests investment contracts, fraud in the offer and sale for failure to disclose preexisting order against Hudson.
Order issued: September 06, 2005

Young Oil Corporation, Anthony L. Young and Tareq R. Al-Abassi. File No. S-04201(EX). Orders of Prohibition and Revocation for hiring unlicensed agent to sell unregistered securities, the improper and untimely filing of Form D, failure to disclosed required information, and general solicitation. Summary order of prohibition and revocation for selling unregistered securities and being unlicensed, improper and untimely filing of Form D, failure to disclosed required information, and general solicitation
Order issued: September 05, 2005

Government Property Advisors, Inc.; Pacific Tax Properties, LLC; Pacific Matured Tax Lien Fund, LLC; Mark R. Tow, and Richard C. Nuthmann. File No. S-02112(EX). Offers and Sales of unregistered stock by unlicensed agents.
Order issued: August 16, 2005

Dawn Guimond & Mari Lynn Stassi. File No. S-05016(EX). Offers and sales by an unlicensed broker-dealer. Guimond purchased stock for resale to other individuals at a price higher than what she paid for the stock.
Order issued: August 16, 2005

Robert W. Christian Sr. & Robert W. Christian, Jr. File No. S-03049(EX). Order revoking order issued against Robert W. Christian Jr. on February 11, 2004 and replacing it with an order against Robert W. Christian, Sr. for the sale of unregistered securities by unlicensed agents.
Order issued: August 18, 2005

Ampak Oil Co & Mohammed G. Khan. File No. S-04042(EX). Consent Order of Prohibition & Revocation revoking order previously issued on May 5, 2005 for sales of unregistered securities by unlicensed agents.
Order issued: August 03, 2005

Gulftex Operating Inc., Mason #1-H Joint Venture, Timothy P. Burroughs, David York, Sherri K. Cecotti, Theodore Jahns, and Derek S. Wallets, Dallas, TX. File No. S-04151(EX). Summary Order Revoking Previous Orders based on information obtained by the staff after issuing previous orders on February 4, 2005.
Order issued: July 28, 2005

Richard C. Heinert. File No. S-03277(EX). Consent Order of Prohibition and Revocation of Previous Order, replaces previously issued Summary Order of Prohibition and Revocation with this order for sales of unregistered securities, in the form of viatical settlement contracts, by an unlicensed agent.
Order issued: July 28, 2005

Quigley Petroleum LLC, Darren E. Quigley, Katherina S. Quigley, and Brian Gause, File No. S-04067(EX). Summary Order of Prohibition and Revocation for the offer of unregistered securities, in the form of joint venture oil & gas investment contracts, by an unlicensed agent to persons in Wisconsin.
Order issued: July 27, 2005

Tri-Crescent Energy Corp, William J. Hill, and Danny R. Branson, File No. S-04107(EX). Summary Order of Prohibition and Revocation for the offer of unregistered securities, in the form of undivided fractional interest in oil & gas well, by an unlicensed agent to persons in Wisconsin.
Order issued: July 27, 2005

Thomas R. Anderson, Sr., File No. S-05033(EX). Consent Order of Prohibition and Revocation based on fraud in the offer and sale of securities to persons in Wisconsin.
Order issued: July 27, 2005

Steven G. Ross, File No. S-04271(EX). Consent Order of Prohibition and Revocation for sales of unregistered securities in the form of internet kiosks and filing a document with the Division that contained a false or misleading statement.
Order issued: July 06, 2005

Resource Alliance Group LLC and Leon J. Wessels, File No. S-04001(EX). Consent Order of Prohibition for sales of unregistered securities in the form of viatical settlement contracts by an unlicensed broker-dealer and agent.
Order issued: July 06, 2005

Francis Anthony Toscano, File No. S-03245(EX). Order Revoking Previous Order.
Order issued: June 17, 2005

Richard C. Heinert. File No. S-03277(EX). Summary Order of Prohibition for acting as an unlicensed agent for Mutual Benefits Corporation and selling unregistered securities in the form of their viatical settlements. Order has been revoked (see Order issued: July 28, 2005)
Order issued: June 15, 2005

Eratz Investments, Inc & Samuel H. Roden. File No. S-04056(EX). Summary Order of Prohibition for offering unregistered securities.
Order issued: June 15, 2005

Ronald G. Richer. File No. S-05104(LX). Summary Order denying securities agent license for failure to complete application.
Order issued: June 13, 2005

L.H. Ross & Company, Inc. File No. S-05103(LX). Summary Order of Revocation of Broker Dealer License as a result of their being expelled form the NASD.
Order issued: June 06, 2005

John R. Wiemeri. File No. S-05057(EX). Order of Prohibition based on sales of Mutual Benefits Corp viaticals during 2003.
Order issued: May 25, 2005

Viatical Concepts Inc, Vinvent Mistretta, James R. Millard. File No. S-02042(EX). Order of Prohibition for sales of unregistered securities by an unlicensed agent and for using an unlicensed agent.
Order issued: May 17, 2005

Daniel G. Mullen. File No. S-05088(EX). Order of Denial of Securities Agent License for failure to provide information to complete license application.
Order issued: May 17, 2005

Thomas Weisel Partners LLC. File No. S-05027(LX). An Administrative Consent Order was issued as part of the national research analyst conflicts of interest settlements. The firm paid a civil monetary penalty of $82,655 to the State of Wisconsin.
Order was issued April 18, 2005.

Ned B. Majors and Tax Lien Agents, INC. File No. S-03228(EX). Orders of Prohibition based on offers and sales of unregistered securities. The orders also revoke and replace those issued against the Respondents on April 7, 2005
Order issued: May 17, 2005

Reef Partners LLC, Reef Securities Inc., Reef-Broussard Infield Development Joint Venture #1, Reef Partners 2003-A Income Fund Joint Venture, Michael J. Mauceli and Robert H. Stanley. File No. S-04052(EX). Order Revoking Previous Order based on later acquired evidence and an Undertaking by the respondents.
Order issued: April 27, 2005

Fidelity Financial, INC. d/b/a Legendary Entertainment, Dwayne R. Corbitt, and Douglas M Warr. File No. S-03037(EX). Orders of Prohibition and Revocation for the sale of unregistered securities by unlicensed agents
Order issued: May 05, 2005

Global Net Financial LLC, Monte Carlo Players, LLP, Michael A. Ditursi a/k/a Michael D. Tursi and Elaine Flores. File No. S-04027(EX). Orders of Prohibition and Revocation for the sale of unregistered securities by unlicensed agents.
Order issued: May 05, 2005

Ampack Oil Co, Jeff Ackermann, and Mohammed Gulnawaz Kkan. File No. S-04042(EX). Orders of Prohibition and Revocation for the sale of unregistered securities by unlicensed agents. A hearing has been requested and a Notice of Hearing has been issued
Order issued: May 05, 2005

Merril Lynch Pierce Fenner & Smith Inc. File No S-04280(LX) ). Consent Order of Censure and Assessment for failure to supply, in a timely fashion, information requested by the staff.
Order issued: April 22, 2005

Wallace Hilliard, Naples, FL. File No. S-04156(EX). An Order of Prohibition and Revocation of Exemptions was issued based on allegations of fraud in the offer and sale of stock.
Order issued: April 01, 2005

Deutsche Bank Securities, Inc., New York, NY. File No. S-05026(LX). An Administrative Consent Order was issued as part of the national research analyst conflicts of interest settlements. The firm paid a civil monetary penalty of $475,269 to the State of Wisconsin.
Order issued: March 29, 2005

Luis Sosa, Jr., Bronx, NY. File No. S-04112(EX) Findings of Fact, Conclusions of Law, Decision and Order was issued which Order vacates the Summary Order of Prohibition and Denial of Securities Agent License issued 4/30/04 and replaces it with a 30-day Suspension of Securities Agent License.
Order issued: March 18, 2005

Supplemental Order issued April 5, 2005, vacating certain prohibitions contained in the 4/30/04 Summary Order.
Petition for Rehearing, dated April 7, 2005, not granted.

BAC International Group, Inc., Anthony Barry, and Donald J. Shutts, Ft. Lauderdale, FL and Virginia Beach, VA. File No. S-04131(EX). Orders of Prohibition were issued based on allegations of employing and unlicensed agent to offer and sell unregistered securities.
Tracie A. Wood
, Racine, WI. File No. S-04131(EX) An Order of Prohibition and Revocation was issued based on allegations of fraud in the offer and sale of unregistered securities by an unlicensed agent.
Order issued: March 18, 2005

Critters Dreams, LLC, Li’l Mouse Playhouse, Inc., and Mark R. Anderson, Eau Claire and Altoona, WI. File No. S-04187(EX). Orders of Prohibition and Revocation were issued in the public interest and for the protection of investors, based on the repeated failure by Respondent and counsel to provide promised documentation to the staff. A hearing has been requested and a Notice of Hearing has been issued
Order issued: March 18, 2005

Edith E. Garro, Gregory J. Garro, and Sandi Lou Kindig, Princeton, WI. File No. S-04163(EX). Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer and sale of securities. A hearing was requested and a Notice of Hearing was issued on April 28, 2005. However, a Default Order Dismissing the Hearing was issued on August 15, 2005, for failure by the respondents to actively pursue their hearing rights.
Order issued: March 18, 2005

M.A.C. Investments, Inc., M.A.C. Investment Sales, Inc., Maricruz Alvarado, and Kevin Polardi, Tempe and Phoenix, AZ. File No. S-05009(EX). Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer and sale of unregistered securities.
Order issued: March 18, 2005

Couch Oil & Gas, Dyno Energy, Inc., Charles O. Couch, and William M. Wilhelm, Dallas, TX. File No. S-04061(EX). Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer and sale of unregistered securities by an unlicensed broker-dealer and agent.
Order issued: March 18, 2005

Meryl H. Kelch, Wausau, WI. File No. S-03001(LX). Consent Order of Prohibition was issued based on allegations of acting as an unlicensed investment adviser representative.
Order issued: February 24, 2005

Brian Waelti, Cross Plains, WI. File No. S-04120(LX). Consent Order of Censure was issued based on allegations of executing a transaction for the account of a customer upon instructions from a third party, without written authorization from the customer.
Order issued: February 24, 2005

Texas Petroleum Resources, East Sheriff TPR #1 Joint Venture, George Utley, Todd Breitling, Jason Utley, Donald Reedy, Stuart Miller, and Todd Gregory, Dallas, TX. File No. S-04226(EX). Orders of Prohibition were issued based on allegations of offers and sales of unregistered securities by unlicensed agents.
Order issued: February 04, 2005

Gulftex Operating Inc., Mason #1-H Joint Venture, Timothy P. Burroughs, David York, Sherri K. Cecotti, Theodore Jahns, and Derek S. Wallets, Dallas, TX. File No. S-04151(EX). Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer of unregistered securities by unlicensed agents. Orders have been revoked (see Order issued: July 28, 2005)
Order issued: February 04, 2005

William D. Brickner, Scales Mound, IL. File No. S-04228(EX). An Order of Prohibition was issued based on allegations of offers and sales of unregistered securities by an unlicensed agent.
Order issued: January 14, 2005

Prairie Resources, Inc., Gerald H. Skyrme, Blake L. Cummings, and Trey Morgan, Dallas, TX. File No. S-04265(EX). Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer of unregistered securities by an unlicensed agent.
Order issued: February 04, 2005

Meliorations Management Teem, John W. Zidar, Enumclaw, WA and Gardnerville, NV. File No. S-04269(EX). Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer and sale of securities and employing unlicensed agents. David Edel, Barbara Engstrom, Edgardo Espiritu, Sharon Hall, Thomas J. Krizman, Myron Thorick, Kenneth Webb, Kurt Wittmayer, Naples, FL, La Mesa, CA, Hampshire, TX, Grand Haven, MI, Brookfield, WI, West Warwick, RI, and Lakeside, AZ. File No. S-04269(EX). Orders of Prohibition were issued based on allegations of transacting business as unlicensed securities agents.
Order issued: February 04, 2005

CK Records and John W. Chapman, Oconomowoc, WI. File No. S-04189(EX). Consent Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer and sale of securities.
Order issued: Feburary 04, 2005

Pemoba LLC d/b/a Jani-King of Madison, Hans Peterson, James Moriarity and Linda Moriarity, Madison, WI. File No. S-04273(FX). Summary Orders of Prohibition and Revocation were issued based on allegations of fraud in the offer and sale of franchises.
Order issued: January 14, 2005

Kim A. Havens, Darlington, WI. File No. S-04266(EX). A Consent Order of Prohibition and Revocation was issued based on allegations of offers and sales of unregistered securities without the permission of his employing broker-dealer.
Order issued: January 14, 2005

Louise E. Ladd, Brookfield, WI. File No. S-04157(LX). Consent Order of Assessment and Undertaking were issued based on termination by employer for alleged unauthorized use of discretion and failure to follow firm policies.
Order issued: January 14, 2005