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U.S. Securities and Exchange Commission

UNITES STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION

Securities Exchange Act of 1934
Release No. 47585 / March 27, 2003

Administrative Proceeding
File No. 3-8917


In the Matter of

FIRST FIDELITY SECURITIES
GROUP,

Respondent


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ORDER APPROVING PLAN OF DISGORGEMENT DISTRIBUTION AND ORDERING DISTRIBUTION

On February 13, 2003, the Securities and Exchange Commission ("Commission") published a Notice of Proposed Plan of Disgorgement Distribution and Opportunity for Comment ("Notice") in connection with this proceeding, pursuant to Rule 612 of the Commission's Rules of Practice [17 C.F.R. 201.612].

The Notice provided that all persons desiring to comment on the Plan of Disgorgement submit their written views to the Commission by March 17, 2003. The Commission has not received any comments on the Plan of Distribution.

Accordingly, IT IS HEREBY ORDERED, pursuant to Rule 613 of the Commission's Rules of Practice [17 C.F.R. 201.613], that the Plan of Distribution is hereby approved.

IT IS HEREBY FURTHER ORDERED that the Office of Financial Management shall distribute the disgorgement funds pursuant to the Plan of Distribution as follows:

Essex County, New Jersey $735,846.35
Camden County Municipal Utilities Authority, New Jersey $935,907.61
Irvington, New Jersey $121,555.47
 $1,793,309.43

By the Commission

Jonathan G. Katz
Secretary

 

http://www.sec.gov/litigation/admin/34-47585.htm


Modified: 02/27/2003