SECURITIES EXCHANGE ACT OF 1934
Rel. No. 42425 \ February 11, 2000

Admin. Proc. File No. 3-9702


In the Matter of

LARRY J. BAGWELL
CONNIE L. BALLY

NOTICE THAT INITIAL DECISION HAS BECOME FINAL

The time for filing a petition for review of the initial decision in this proceeding has expired. No such petition has been filed, and the Commission has not chosen to review the decision on its own initiative.

Accordingly, notice is hereby given, pursuant to Rule 360(e) of the Commission's Rules of Practice, that the initial decision of the administrative law judge 1 has become the final decision of the Commission with respect to Larry J. Bagwell and Connie L. Bally. The order contained in that decision dismissing the proceeding as to Larry J. Bagwell and Connie L. Bally is hereby declared effective.

For the Commission by the Office of the General Counsel, pursuant to delegated authority.

Jonathan G. Katz
Secretary


Footnotes

1 MGSI Securities, Inc., Initial Decision Rel. No. 156 (Jan. 12, 2000), __ SEC Docket __.