Defendant Name: James C. Kelsoe, Jr.

Defendant Type: Individual

Initial Case Details

Legal Case Name In the Matter of Morgan Asset Management, Inc. Morgan Keegan & Company, Inc. James C. Kelsoe, Jr.; and Joseph Thompson Weller, CPA
First Document Date 07-Apr-2010
Initial Filing Format Administrative Action
File Number 3-13847
Allegation Type Investment Advisers/Investment Companies
AAER 3125

Affiliations

Violations Alleged

Exchange Act
• Sec 10(b) + Rule 10b-5
Securities Act
• Sec 17(a) (Not specified)
Other
• Section 34(b) Investment Company Act
Additionally, Morgan Keegan & Company, Inc. is alleged to have aided and abetted James C. Kelsoe, Jr.'s violation of Section 34(b) Investment Company Act (willfully/knowingly).
Morgan Keegan & Company, Inc. is alleged to have caused James C. Kelsoe, Jr.'s violation of Section 34(b) Investment Company Act.

Related Violations Alleged

James C. Kelsoe, Jr. is alleged to have aided and abetted Morgan Keegan & Company, Inc.'s violation of Sec 10(b) + Rule 10b-5 of the Exchange Act (willfully/knowingly).
James C. Kelsoe, Jr. is alleged to have aided and abetted Morgan Asset Management, Inc.'s violation of Sec 10(b) + Rule 10b-5 of the Exchange Act (willfully/knowingly).
James C. Kelsoe, Jr. is alleged to have caused Morgan Keegan & Company, Inc.'s violation of Sec 10(b) + Rule 10b-5 of the Exchange Act.
James C. Kelsoe, Jr. is alleged to have caused Morgan Asset Management, Inc.'s violation of Sec 10(b) + Rule 10b-5 of the Exchange Act.
James C. Kelsoe, Jr. is alleged to have aided and abetted Morgan Keegan & Company, Inc.'s violation of Rule 22c-1 Investment Company Act (willfully/knowingly).
James C. Kelsoe, Jr. is alleged to have aided and abetted Morgan Asset Management, Inc.'s violation of Section 206(1), 206(2), 206(4), Rule 206(4)-7 Advisers Act (willfully/knowingly).
James C. Kelsoe, Jr. is alleged to have aided and abetted an unidentified individual or entity's violation of Rule 38a-1 Investment Company Act (willfully/knowingly).
James C. Kelsoe, Jr. is alleged to have caused Morgan Keegan & Company, Inc.'s violation of Rule 22c-1 Investment Company Act.
James C. Kelsoe, Jr. is alleged to have caused Morgan Asset Management, Inc.'s violation of Section 206(1), 206(2), 206(4), Rule 206(4)-7 Advisers Act.
James C. Kelsoe, Jr. is alleged to have caused an unidentified individual or entity's violation of Rule 38a-1 Investment Company Act.
James C. Kelsoe, Jr. is alleged to have aided and abetted Helios Select Fund, Inc.'s violation of Rule 38a-1 Investment Company Act (willfully/knowingly).
James C. Kelsoe, Jr. is alleged to have aided and abetted Helios High Income Fund, Inc.'s violation of Rule 38a-1 Investment Company Act (willfully/knowingly).
James C. Kelsoe, Jr. is alleged to have aided and abetted Helios Multi-Sector High Income Fund, Inc.'s violation of Rule 38a-1 Investment Company Act (willfully/knowingly).
James C. Kelsoe, Jr. is alleged to have aided and abetted Helios Strategic Income Fund, Inc.'s violation of Rule 38a-1 Investment Company Act.
James C. Kelsoe, Jr. is alleged to have aided and abetted Helios Advantage Income Fund, Inc.'s violation of Rule 38a-1 Investment Company Act (willfully/knowingly).
James C. Kelsoe, Jr. is alleged to have caused Helios Select Fund, Inc.'s violation of Rule 38a-1 Investment Company Act.
James C. Kelsoe, Jr. is alleged to have caused Helios High Income Fund, Inc.'s violation of Rule 38a-1 Investment Company Act.
James C. Kelsoe, Jr. is alleged to have caused Helios Multi-Sector High Income Fund, Inc.'s violation of Rule 38a-1 Investment Company Act.
James C. Kelsoe, Jr. is alleged to have caused Helios Strategic Income Fund, Inc.'s violation of Rule 38a-1 Investment Company Act.
James C. Kelsoe, Jr. is alleged to have caused Helios Advantage Income Fund, Inc.'s violation of Rule 38a-1 Investment Company Act.

Resolutions

Bars:
First Resolution Date 22-Jun-2011
Headline Total Penalty and Disgorgement $100,300,000

Related Documents:

33-9116 07-Apr-2010 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933, Sections 4C, 15(b) and 21C of the Securities Exchange Act of 1934, Sections 9(b) and 9(f) of the Investment Company Act of 1940, Sections 203(e), 203(f), 203(k) of the Investment Advisers Act of 1940 and Rule 102(e)(1)(iii) of the Commission's Rules of Practice
34-64720 22-Jun-2011 Administrative Proceeding
Corrected Order Making Findings and Imposing Remedial Sanctions and a Cease-and-Desist Order Pursuant to Section 15(b) of the Securities Exchange Act of 1934, Sections 203(e), 203(f) and 203(k) Of the Investment Advisers Act of 1940, and Sections 9(b) and 9(f) of the Investment Company Act of 1940, and Imposing Suspension Pursuant to Section 4C of the Securities Exchange Act of 1934 and Rule 102(e)(1)(iii) of the Commission's Rules of Practice
34-81064_3-13847 30-Jun-2017 Administrative Proceeding
Notice of Name Change of Appointed Tax Administrator

Other Defendants in Action:

Morgan Keegan & Company, Inc.
Morgan Asset Management, Inc.
Joseph Thompson Weller

Related Actions:

In the Matter of J. Kenneth Alderman, CPA; Jack R. Blair; Albert C. Johnson, CPA; James Stillman R. McFadden; Allen B. Morgan Jr.; W. Randall Pittman, CPA; Mary S. Stone, CPA; and Archie W. Willis III
W. Randall Pittman
Mary S. Stone
James Stillman R. McFadden
Jack R. Blair
J. Kenneth Alderman
Archie W. Willis III
Allen B. Morgan Jr.
Albert C. Johnson