Edward M. Daspin, a/k/a "Edward Michael", a/k/a "Ed Michael"

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 22884 / December 4, 2013

Securities and Exchange Commission v. Edward M. Daspin, a/k/a "Edward Michael", a/k/a "Ed Michael", Civil Action No. 13 Misc. 389 (RMB) (S.D.N.Y)

Court Orders Edward M. Daspin to Comply with Commission Subpoena

On November 27, 2013, the United States District Court for the Southern District of New York ordered Edward Michael Daspin, also known as "Edward Michael" and "Ed Michael" ("Daspin"), to comply with an investigative subpoena calling for his testimony. The court directed Daspin to appear for testimony despite his claimed heightened susceptibility to stress. The court also denied Daspin's cross-motion for a protective order to limit the SEC to examining Daspin through written questions or alternatively to require the agency to pay for his personal physician to attend the testimony.

For further information, please see Litigation Release No. 22871 (Nov. 18, 2013).