Commission Opinions and Adjudicatory Orders

This page features opinions and orders issued by the Commission in connection with its adjudication of administrative proceedings, appeals from initial decisions of ALJs, and appeals from SRO or PCAOB action.

The links below direct you to the docket pages for such adjudicatory proceedings as well as to docket pages for respondents’ requests to vacate bars under Koch v. SEC or Bartko v. SEC. The docket pages contain the Commission opinions and orders as well as significant pleadings for such matters.

Date	Respondents
Date: March 3, 2015	Respondents: Green Courte Real Estate Partners III, LLC (Order Directing the Filing of Briefs) Release No. 34-74414 File Number: 3-16362
Date: Feb. 24, 2015	Respondents: Wedbush Securities, Inc. and Edward William Wedbush (Order Scheduling Briefs) Release No. 34-74361 File Number: 3-16329
Date: Feb. 23, 2015	Respondents: Steven Robert Tomlinson (Order Denying Request for Reconsideration) Release No. 34-74354, IC-31468, IC-31467 File Number: 3-15824
Date: Feb. 23, 2015	Respondents: Harding Advisory LLC and Wing F. Chau (Order Granting Petition for Review and Scheduling Briefs) Release No. 33-9731, IA-4031, IC-31468, IC-31467 File Number: 3-15574
Date: Feb. 23, 2015	Respondents: Total Wealth Management, Inc., et al. (Order Granting Extension) Release No. 33-9730, 34-74353, IA-4030, IC-31467 File Number: 3-15842
Date: Feb. 20, 2015	Respondents: John Thomas Capital Management Group LLC d/b/a Patriot28 LLC, and George R. Jarkesy Jr. (Order Denying Motion to Stay Administrative Proceeding) Release No. 33-9728, 34-74345, IA-4029, IC-31462 File Number: 3-15255
Date: Feb. 20, 2015	Respondents: Anthony Fields, CPA d/b/a Anthony Fields & Associates and d/b/a Platinum Securities Brokers (Opinion of the Commission Broker-Dealer Proceeding Investment Adviser Proceeding Cease-and-Desist Proceeding Grounds for Remedial Action Antifraud Violations Registration Violations) Release No. 33-9727, 34-74344, IA-4028, IC-31461 File Number: 3-14684
Date: Feb. 13, 2015	Respondents: Ronald M. Berman with Axiom Capital Management, Inc. (Order Scheduling Briefs) Release No. 34-74274 File Number: 3-16331
Date: Feb. 13, 2015	Respondents: Robert Marcus Lane and Jeffrey Griffin Lane (Registered Securities Association-Review of Disciplinary Proceedings) Release No. 34-74269 File Number: 3-15701
Date: Feb. 5, 2015	Respondents: Positron Corporation (Registered Securities Association - Review of Association Action Denying Request to Process Corporate Actions) Release No. 34-74216 File Number: 3-15837
Date: Feb. 5, 2015	Respondents: Natural Blue Resources, Inc., et al. (Order Denying Petition for Interlocutory Review) Release No. 33-9722, 34-74215 File Number: 3-15974
Date: Feb. 2, 2015	Respondents: Timbervest, LLC, Joel Barth Shapiro, et al. (Revised Order Regarding Supplemental Briefs) Release No. IA-4012, IC-31442 File Number: 3-15519
Date: Feb. 2, 2015	Respondents: mPhase Technologies, Inc. (Registered Securities Association - Review of Association Action Denying Request to Process Corporate Action) Release No. 34-74187 File Number: 3-15130
Date: Jan. 29, 2015	Respondents: Jordan Peixoto (Order Dismissing Proceeding) Release No. 34-74176 File Number: 3-16184
Date: Jan. 28, 2015	Respondents: Larry C. Grossman (Order Granting Petition for Review and Scheduling Briefs) Release No. 33-9716, 34-74168, IA-4010, IC-31436 File Number: 3-15617
Date: Jan. 27, 2015	Respondents: Michael S. Steinberg (Order Postponing Briefing Schedule) Release No. IA-4008 File Number: 3-15925
Date: Jan. 27, 2015	Respondents: DRC Ventures, Inc. (Order Dismissing Proceeding) Release No. 34-74153 File Number: 3-16036
Date: Jan. 26, 2015	Respondents: Marcos A. Santana (Order Granting Motion to Dismiss Application for Review) Release No. 34-74138, IA-4007, IC-31429 File Number: 3-16190
Date: Jan. 26, 2015	Respondents: Donald J. Anthony, et al. (Order Granting Second Motion for Extension) Release No. 33-9710, 34-74139, IA-4007, IC-31429 File Number: 3-15514
Date: Jan. 20, 2015	Respondents: Timbervest, LLC, Joel Barth Shapiro, et al. (Order Regarding Supplemental Briefing) Release No. IA-4003, IC-31424 File Number: 3-15519
Date: Jan. 20, 2015	Respondents: Positron Corporation (Order Denying Request for Oral Argument) Release No. 34-74101 File Number: 3-15837
Date: Jan. 20, 2015	Respondents: John Thomas Capital Management Group LLC d/b/a Patriot28 LLC and George R. Jarkesy Jr. (Order Directing Additional Submission) Release No. 33-9703, 34-74100, IA-4002, IC-31423 File Number: 3-15255
Date: Jan. 14, 2015	Respondents: Accredited Business Consolidators Corp. (Order Granting Petition for Review and Scheduling Briefs) Release No. 34-74054 File Number: 3-15993
Date: Jan. 9, 2015	Respondents: Blair Alexander West (Registered Securities Association - Review of Disciplinary Proceedings) Release No. 34-74030 File Number: 3-15811
Date: Jan. 8, 2015	Respondents: Joseph S. Amundsen (Order Denying Request for Reconsideration) Release No. 34-74015 File Number: 3-15056
Date: Jan. 5, 2015	Respondents: Thomas C. Gonnella (Order Granting Petitions for Review and Scheduling Briefs) Release No. 34-73983 File Number: 3-15737
Date: Dec. 29, 2014	Respondents: Robert C. Weaver, Jr. Esq. Release No. 34-73949 File Number: 3-16268
Date: Dec. 23, 2014	Respondents: Securities Industry and Financial Markets Association (Order Denying Consolidation Motions) Release No. 34-73922 File Number: 3-15350, 3-15351, 3-15773, 3-16006
Date: Dec. 19, 2014	Respondents: Accredited Business Consolidators Corp., et al. (Order Requesting Additional Briefs) Release No. 34-73900 File Number: 3-15993
Date: Dec. 19, 2014	Respondents: Immunotech Laboratories, Inc. (Order Requesting Additional Written Submissions) Release No. 34-73899 File Number: 3-16321
Date: Dec. 19, 2014	Respondents: Bravo Enterprises, Ltd. and Jacyln Cruz (Order Requesting Additional Written Submissions) Release No. 34-73898 File Number: 3-16292
Date: Dec. 19, 2014	Respondents: Myriad Interactive Media, Inc. (Order Requesting Additional Written Submissions) Release No. 34-73897 File Number: 3-16317
Date: Dec. 17, 2014	Respondents: Electronic Transaction Clearing, Inc., et al. (Order Scheduling Briefs) Release No. 34-73867 File Number: 3-16285
Date: Dec. 16, 2014	Respondents: Global Green, Inc., Nutritional Health Institute Laboratories, LLC and Dr. Mehran Ghazvini (Order Dismissing Petition for Termination of Suspension of Trading Securities) Release No. 34-73855 File Number: 3-16211
Date: Dec. 16, 2014	Respondents: 21St Century Telesis II, Inc., et al. (Order Dismissing Proceedings with Respect to Icon Public Ltd. Co.) Release No. 34-73854 File Number: 3-16208
Date: Dec. 15, 2014	Respondents: John P. Flannery and James D. Hopkins (Opinion of the Commission) Release No. 33-9689, 34-73840, IA-3981, IC-31374 File Number: 3-14081
Date: Dec. 11, 2014	Respondents: Steven Robert Tomlinson (Opinion of the Commission) Release No. 34-73825 File Number: 3-15824
Date: Dec. 11, 2014	Respondents: John Thomas Capital Management Group LLC d/b/a Patriot28 LLC, and George R. Jarkesy and Jr. (Order Granting Review and Scheduling Briefs) Release No. 33-9688 File Number: 3-15255
Date: Dec. 10, 2014	Respondents: Bering Strait Securities, Inc. (Order Scheduling Briefs) Release No. 34-73811 File Number: 3-16262
Date: Dec. 9, 2014	Respondents: Anthony A. Grey (Order Scheduling Briefs) Release No. 34-73799 File Number: 3-16230
Date: Dec. 5, 2014	Respondents: S.W. Hatfield, CPA and Scott W. Hatfield, CPA (Opinion of the Commission) Release No. 34-73763, AAER-3602 File Number: 3-15012
Date: Dec. 4, 2014	Respondents: Gerald J. Lodovico (Order Granting Motion to Dismiss Application for Review) Release No. 34-73748 File Number: 3-16131
Date: Dec. 3, 2014	Respondents: WD Clearing, LLC, et al. (Extension Order) Release No. 34-73723 File Number: 3-16209
Date: Dec. 2, 2014	Respondents: Alfred P. Reeves III (Order Scheduling Briefs) Release No. 34-73721 File Number: 3-16264
Date: Nov. 26, 2014	Respondents: Michael S. Steinberg (Order Granting Petition for Review and Scheduling Briefs) Release No. 34-73700 File Number: 3-15925
Date: Nov. 26, 2014	Respondents: Thomas D. Melvin, CPA (Order Granting Petition for Review and Scheduling Briefs) Release No. 34-73699 File Number: 3-15659
Date: Nov. 26, 2014	Respondents: Electronic Transaction Clearing, Inc. (Order Granting Stay) Release No. 34-73698 File Number: 3-16285
Date: Nov. 21, 2014	Respondents: Mitchell T. Toland (for Review of Action Taken by FINRA) Release No. 34-73664 File Number: 3-15794
Date: Nov. 19, 2014	Respondents: Siming Yang (Order Granting Motion to Amend Order Instituting Proceedings) Release No. 34-73637, IA-3970 File Number: 3-15928
Date: Nov. 18, 2014	Respondents: Mark Feathers (Order Summarily Affirming Initial Decision in Part and Imposing Remedial Sanctions) Release No. 34-73634 File Number: 3-15755
Date: Nov. 6, 2014	Respondents: Smartheat Inc. (Opinion of the Commission) Release No. 34-73555 File Number: 3-15508
Date: Oct. 29, 2014	Respondents: Toby G. Scammell (Opinion of the Commission) Release No. IA-3961 File Number: 3-15271
Date: Oct. 23, 2014	Respondents: Accredited Business Consolidators Corp. (Order Dismissing Notice of Intention to Petition for Review) Release No. 34-73420 File Number: 3-16100
Date: Oct. 16, 2014	Respondents: North Woodward Financial Corp. and Douglas A. Troszak (Order Denying Motion to Consolidate) Release No. 34-73380 File Number: 3-15990
Date: Oct. 16, 2014	Respondents: John Thomas Capital Management Group LLC d/b/a Patriot28 LLC and George R. Jarkesy, Jr. (Order Denying Interlocutory Review with Respect to Respondents' Motion for Order Directing Alternative Procedure for Filing, Service and Publication of Initial Decision) Release No. 33-9664, 34-73375, IA-3951, IC-31289 File Number: 3-15255
Date: Oct. 7, 2014	Respondents: J.S. Oliver Capital Management, L.P., Ian O. Mausner, and Douglas F. Drennan (Order Granting Petition for Review and Scheduling Briefs) Release No. 34-73312 File Number: 3-15446
Date: Sept. 26, 2014	Respondents: North Woodward Financial Corp. and Douglas Troszak (Extension Order) Release No. 34-73228 File Number: 3-15990
Date: Sept. 23, 2014	Respondents: Blair C. Mielke and Frederick W. Shultz (Order Scheduling Briefs) Release No. 34-73198 File Number: 3-16022
Date: Sept. 19, 2014	Respondents: Caryl Trewyn Lenahan (For Review of Disciplinary Action Taken by FINRA) Release No. 34-73146 File Number: 3-15833
Date: Sept. 16, 2014	Respondents: John Joseph Plunkett (For Review of Disciplinary Action Taken by Finra) Release No. 34-73124 File Number: 3-14810
Date: Sept. 5, 2014	Respondents: Julieann Palmer Martin (Order Extending Deadline for Filing Initial Decision) Release No. 33-9641, 34-73015, IC-31242, IC-31241 File Number: 3-15613
Date: Sept. 5, 2014	Respondents: Larry C. Grossman and Gregory J. Adams (Order Extending Deadline for Filing Initial Decision) Release No. 33-9640, 34-73014, IA-3911, IC-31241 File Number: 3-15617
Date: Sept. 4, 2014	Respondents: John J. Aesoph, CPA, and Darren M. Bennett, CPA (Order Granting Petitions for Review and Scheduling Briefs) Release No. 34-72997, AAER-3581 File Number: 3-15168
Date: Sept. 4, 2014	Respondents: Daniel J. Gallagher (Order Granting Extension to File Petition for Review) Release No. 33-9639 File Number: 3-14630
Date: Sept. 3, 2014	Respondents: North Woodward Financial Corp., and Douglas A. Troszak (Order Scheduling Briefs) Release No. 34-72975 File Number: 3-15990
Date: Sept. 3, 2014	Respondents: Daniel Imperato (Order Granting Petition for Review and Scheduling Briefs) Release No. 34-72974 File Number: 3-15628
Date: Sept. 2, 2014	Respondents: Montford and Company, Inc., et al. (Order Dismissing Motion for Stay for Lack of Jurisdiction) Release No. IA-3908 File Number: 3-14536
Date: Sept. 2, 2014	Respondents: Michael Nicholas Romano (Order Scheduling Briefs) Release No. 34-72953 File Number: 3-15978
Date: Aug. 21, 2014	Respondents: Jay T. Comeaux (Order Remanding for Further Proceedings) Release No. 33-9633, 34-72896, IA-3902, IC-31220 File Number: 3-15002
Date: Aug. 21, 2014	Respondents: Harding Advisory LLC and Wing F. Chau (Order Granting Extension) Release No. 33-9632, IA-3901, IC-31219 File Number: 3-15574
Date: Aug. 13, 2014	Respondents: John Thomas Capital Management Group LLC, d/b/a Patriot28 LLC; Jarkesy, George R., Jr.; John Thomas Financial, Inc.; Belesis, Anastasios "Tommy" (Order Extending Deadline for Filing Initial Decision) Release No. 33-9631, 34-72841, IA-3897, IC-31211 File Number: 3-15255
Date: Aug. 12, 2014	Respondents: North Woodward Financial Corp. and Douglas A. Troszak (Order Denying Stay) Release No. 34-72828 File Number: 3-15990
Date: Aug. 11, 2014	Respondents: Timbervest, LLC, Joel Barth Shapiro, Walter William Anthony Boden, III, Donald David Zell, Jr., and Gordon Jones II (Order Extending Deadline for Filing Initial Decision) Release No. IA-3892, IC-31202 File Number: 3-15519
Date: Aug. 7, 2014	Respondents: Donald J. Anthony, Jr. et al. (Order Granting Extension) Release No. 33-9628, 34-72788, IA-3890, IC-31200 File Number: 3-15514
Date: Aug. 4, 2014	Respondents: BDO China Dahua CPA Co., Ltd., Ernst & Young Hua Ming LLP, KPMG Huazhen (Special General Partnership), Deloitte Touche Tohmatsu Certified Public Accountants Ltd., and PricewaterhouseCoopers Zhong Tian CPAs Limited (Order Granting Leave to the ZLCA to File an Amicus Brief) Release No. 34-72753, AAER-3574 File Number: 3-15116
Date: July 22, 2014	Respondents: ZPR Investment Management, Inc., and Max E. Zavanelli (Order Granting Petition for Review and Scheduling Briefs) Release No. IA-3878 File Number: 3-15263
Date: July 18, 2014	Respondents: Caryl Trewyn Lenahan (Extension Order) Release No. 34-72644 File Number: 3-15833
Date: July 17, 2014	Respondents: James M. Schneider, CPA (Order Denying Motion Or, in the Alternative, Application for Modification of Commission Order Imposing Remedial Sanctions) Release No. 34-72639, AAER-3568 File Number: 3-14171
Date: July 10, 2014	Respondents: Mark Feathers (Order Granting Petition for Review and Scheduling Briefs) Release No. 34-72592 File Number: 3-15755
Date: July 8, 2014	Respondents: Michael Pino (Order Scheduling Briefs) Release No. 34-72563 File Number: 3-15935
Date: July 2, 2014	Respondents: Denise M. Olson (Order Denying Request for Oral Argument) Release No. 34-72528 File Number: 3-15916
Date: July 2, 2014	Respondents: William M. Dratel and the Dratel Group, Inc. (Extension Order) Release No. 34-72524 File Number: 3-15869
Date: July 2, 2014	Respondents: J.S. Oliver Capital Management, L.P., Ian O. Mausner, and Douglas F. Drennan (Order Granting Extension) Release No. 33-9609, 34-72527, IA-3870, IC-31147 File Number: 3-15446
Date: June 26, 2014	Respondents: Nicholas S. Savva and Hunter Scott Financial, LLC c/o Michael Schwartzberg, Esq. (Opinion of the Commission) Release No. 34-72485 File Number: 3-15017
Date: June 25, 2014	Respondents: Denise M. Olson (Order Scheduling Briefs) Release No. 34-72474 File Number: 3-15916
Date: June 23, 2014	Respondents: Mohammed Riad and Kevin Timothy Swanson (Order Granting Extension to File Brief in Support of Petition for Review) Release No. 34-72449, IA-3861, IC-31094 File Number: 3-15141
Date: June 20, 2014	Respondents: Donald L. Koch and Koch Asset Management, LLC (Partial Stay Order) Release No. 34-72443, IA-3860, IC-31091 File Number: 3-14355
Date: June 19, 2014	Respondents: Brian Williamson, Esq. (Order Denying Motion to Lift Temporary Suspension and Directing Hearing) Release No. 34-72435 File Number: 3-15851
Date: June 18, 2014	Respondents: Joseph P. Doxey and William J. Daniel (Order Granting Petition for Review and Scheduling Briefs) Release No. 33-9602, 34-72428 File Number: 3-15619
Date: June 10, 2014	Respondents: Mohammed Riad and Kevin Timothy Swanson (Order Granting Petition for Review and Scheduling Briefs) Release No. 34-72360, IA-3851, IC-31076 File Number: 3-15141
Date: June 9, 2014	Respondents: Gordon Brent Pierce (Order Granting Motion for Stay) Release No. 33-9598, 34-72354 File Number: 3-13927
Date: June 4, 2014	Respondents: ZPR Investment Management, Inc. and Max Zavanelli (Order Granting Extension to File Petition for Review) Release No. IA-3844, IC-31072 File Number: 3-15263
Date: June 2, 2014	Respondents: The Dratel Group, Inc. and William M. Dratel (Order Denying Stay and Scheduling Briefs) Release No. 34-72293 File Number: 3-15869
Date: May 30, 2014	Respondents: Anthony Chiasson (Order Granting Petition for Review and Scheduling Briefs) Release No. IA-3841 File Number: 3-15580
Date: May 23, 2014	Respondents: Blair Alexander West (Extension Order) Release No. 34-72248 File Number: 3-15811
Date: May 21, 2014	Respondents: Diego F. Hernandez, et al. (Order Dismissing Proceedings) Release No. 33-9590, 34-72210, IA-3838, IC-31056 File Number: 3-15518
Date: May 16, 2014	Respondents: Securities Industry and Financial Markets Association (Order Establishing Procedures and Referring Applications for Review to Administrative Law Judge for Additional Proceedings) Release No. 34-72182 File Number: 3-15350, 3-15351
Date: May 16, 2014	Respondents: Donald L. Koch and Koch Asset Management, LLC (Opinion of the Commission) Release No. 34-72179, IA-3836, IC-31047 File Number: 3-14355
Date: May 15, 2014	Respondents: Gordon Brent Pierce (Order Denying Motion for Reconsideration) Release No. 33-9584, 34-72174 File Number: 3-13927
Date: May 9, 2014	Respondents: BDO China Dahua CPA Co., Ltd., Ernst & Young Hua Ming LLP, KPMG Huazhen (Special General Partnership), Deloitte Touche Tohmatsu Certified Public Accountants Ltd., and Pricewaterhousecoopers Zhong Tian CPAs Limited (Order Granting Leave to Adduce Additional Evidence and Granting the Petitions for Review) Release No. 34-72140, AAER-3553 File Number: 3-15116