Finality Order of an Initial Decision of an SEC Administrative Law Judge

In the Matter of
Robert E. Brennan

UNITED STATES OF AMERICA PRIVATE
before the
SECURITIES AND EXCHANGE COMMISSION

SECURITIES EXCHANGE ACT OF 1934
Rel. No. 40153 / July 1, 1998

Admin. Proc. File No. 3-8699

In the Matter of ROBERT E. BRENNAN

NOTICE THAT INITIAL DECISION HAS BECOME FINAL

         The time for filing a petition for review of the initial decision in this proceeding¹ 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 17(f) of the Commission's former Rules of Practice, ² that the initial decision of the administrative law judge has become the final decision of the Commission. The order contained in that decision barred Robert E. Brennan from association with a broker, dealer, member of a national securities exchange or registered securities association, investment adviser, investment company, or municipal securities dealer, and from participating in an offering of penny stock. That order is hereby declared effective.

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

Jonathan G. Katz
Secretary

FOOTNOTES

-[1]- First Jersey Securities, Inc., Initial Decision Rel. No. 126 (May 29, 1998), __ SEC Docket ____. These proceedings, as to First Jersey Securities, Inc., were dismissed by the Commission in 1996. See First Jersey Securities, Inc., Securities Exchange Act Rel. No. 37259 (May 30, 1996), 62 SEC Docket 37.

-[2]- Although our Rules of Practice have been amended, see Securities Exchange Act Rel. No. 35833 (June 23, 1995), 59 SEC Docket 1546, these proceedings were instituted before the new rules were adopted. Thus the old rules continue to apply.

http://www.sec.gov/enforce/id126fo.htm