Open Meeting Agenda
|Item 1:||Gateway International Holdings, Inc. and Lawrence A. Consalvi|
Office: Office of General Counsel
Staff: Anne E. Chafer, Kermit Kennedy, Bari S. Podell
The Commission will hear oral argument in an appeal by Gateway International Holdings, Inc., and its president and chief executive officer, Lawrence A. Consalvi, from an administrative law judge's decision. The law judge found that Gateway failed to file with the Commission a total of seven annual and quarterly reports due between May 2003 and December 2004, and that, by doing so, Gateway violated Section 13(a) of the Securities Exchange Act of 1934 and Rules 13a-1 and 13a-13 thereunder. The law judge also found that Consalvi caused Gateway's violations. The law judge revoked the registration of Gateway's common stock and ordered Consalvi to cease and desist from committing or causing any violations or future violations of Exchange Act Section 13(a) and Exchange Act Rules 13a-1 and 13a-3. Among the issues likely to be argued is whether and to what extent sanctions should be imposed on Respondents.
For further information, please contact the Office of the Secretary at (202) 551-5400.
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