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  <creationDate>2019-05-03</creationDate>
  <apCaseHeader>
    <fileNumbers>
      <fileNumber>3-18845</fileNumber>
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    <respondents>
      <respondent>Elmas, Ismail</respondent>
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  <releaseItem>
    <date>2018-09-27</date>
    <releaseNumber>34-84300</releaseNumber>
    <otherReleaseNumbers>
      <otherReleaseNumber>IA-5051</otherReleaseNumber>
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    <title>Order Instituting Administrative Proceedings Pursuant to Section 15(b) of the Securities Exchange Act of 1934 and Section 203(f) of the Investment Advisers Act of 1940, and Notice of Hearing</title>
    <secLink>/litigation/admin/2018/34-84300.pdf</secLink>
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  <releaseItem>
    <date>2018-11-14</date>
    <releaseNumber></releaseNumber>
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    <title>Division of Enforcement's Motion for Entry of DefauIt and Sanctions Against
Respondent Ismail Elmas</title>
    <secLink>/litigation/apdocuments/3-18845-event-3_redacted.pdf</secLink>
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  <releaseItem>
    <date>2019-05-03</date>
    <releaseNumber>34-85777</releaseNumber>
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    <title>Order to Show Cause</title>
    <secLink>/litigation/opinions/2019/34-85777.pdf</secLink>
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  <releaseItem>
    <date>2022-11-30</date>
    <releaseNumber>34-96409</releaseNumber>
      <otherReleaseNumbers>
      <otherReleaseNumber>IA-6195</otherReleaseNumber>
    </otherReleaseNumbers>
    <title>Opinion of the Commission</title>
    <secLink>/litigation/opinions/2022/34-96409.pdf</secLink>
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