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
- Former: Managing Director at Morgan Keegan & Company, Inc.
- Former: Broker/Registered Representative at Morgan Keegan & Company, Inc. (August 1994—November 2008)
- Former: Broker/Registered Representative at Morgan Asset Management, Inc. (August 1994—November 2008)
- Former: Senior Portfolio Manager at Morgan Asset Management, Inc.
Violations Alleged
•
Sec 17(a) (Not specified)
•
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 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 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:
- Bar on association with a broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization (of unspecified duration)
- Bar from participating in any penny stock offering (of unspecified duration)
First Resolution Date
22-Jun-2011
Headline Total Penalty and Disgorgement
$100,300,000
Other Defendants in Action: