UNITED STATES OF AMERICA
In the Matter of
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 by Mayer Dallal, and the Commission has not chosen to review the decision on its own initiative.
Accordingly, notice is hereby given, pursuant of Rule 360(e) of the Commission's Rules of Practice, that the initial decision of the administrative law judge */ has become the final decision of the Commission with respect to Mayer Dallal. The order contained in the decision is hereby declared effective. That order (a) ordered Dallal to cease and desist from committing or causing violations of Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Exchange Act Rule 10b-5; (b) barred Dallal from association with any broker or dealer; (c) ordered Dallal to disgorge $93,119, plus prejudgment interest in the amount of $47,592.75; (d) ordered Dallal to pay postjudgment interest on all funds owed paid at the rate established under 28 U.S.C. §1961(a); and (e) ordered Dallal to pay a civil penalty of $30,000.
The payment of disgorgement, interest, and civil penalty shall be made to the United States Treasury within 30 days from the date of this notice. The disgorgement payment shall be: (a) made by United States postal money order, certified check, bank cashier's check, or bank money order; (b) made payable to the Securities and Exchange Commission; (c) mailed to the
Comptroller, Securities and Exchange Commission, 6432 General Green Way, Mail Stop 0-3,Alexandria, Virginia 22312; and (d) submitted under cover letter that identifies Mayer Dallal as respondent in this proceeding, as well as the Commission's case number. A copy of said cover letter and money order or check shall be sent to the Commission's Division of Enforcement, directed to Jay M. Boddie, U.S. Securities and Exchange Commission, Midwest Regional Office, 175 West Jackson Blvd., Suite 900, Chicago, Illinois 60604.
For the Commission by the Office of the General Counsel, pursuant to delegated authority.
|Jonathan G. Katz
* / J. W. Barclay & Co., Inc., et al, Initial Decision Rel. No. 233 (July 23, 2003), ___SEC Docket___.
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