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U.S. Securities and Exchange Commission

Litigation Release No. 18587 / February 23, 2004

Civil Action No. 04-1114 GAF (RCx) (C.D. Cal.)

On February 19, 2004, the Commission filed an injunctive action in United States District Court in Los Angeles, California to enforce an order issued against Mark David Anderson by the Commission in an administrative proceeding in which Anderson was a respondent. Specifically, on August 15, 2003, Anderson was ordered, among other things, to pay a $96,000 civil penalty in a proceeding in which the Commission found that he had fraudulently charged undisclosed and excessive markups and markdowns in trades with retail customers. In the Matter of Mark David Anderson, Admin. Pro. File No. 3-9499. Anderson has failed to pay any of the $96,000 civil penalty. Through the present action, the Commission is seeking a federal court order compelling Anderson to pay the $96,000 penalty as previously ordered by the Commission.

For additional information, see Securities Exchange Act Release No. 48352 (August 15, 2003); Initial Decision Release No. 203 (April 30, 2002); and Securities Exchange Act Release No. 39399 (December 4, 1997).



Modified: 02/24/2004