Jerry W. Anderson and Robert M. Kerns; Robert G. Mahony, Administrative Law Judge

SECURITIES EXCHANGE ACT OF 1934
Rel. No. 43015 \ July 7, 2000

Admin. Proc. File No. 3-10027

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 judge¹ has become the final decision of the Commission with respect to Jerry W. Anderson and Robert M. Kerns. The order contained in that decision barring Anderson and Kerns from association with any broker or dealer is hereby declared effective.

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

Jonathan G. Katz
Secretary

¹ has become the final decision of the Commission with respect to Jerry W. Anderson and Robert M. Kerns. The order contained in that decision barring Anderson and Kerns from association with any broker or dealer is hereby declared effective.